$1,483 Closing Credit*
$124,900
1,260 SqFt
2 Beds
•1 Full Bath
Kathleen DeMartino, Listing Office: Howard Hanna Real Estate Services
Is Cheswick, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cheswick was a Neutral Market.
Key Takeaway
Cheswick is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cheswick, PA
How much do homes in Cheswick, PA cost?
Median Sold Price
$254,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,000(+15.5%)
Key Takeaway
Homes in Cheswick have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Cheswick was $254,000 in November 2024, up 15.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $173K | $174.9K | +1.1% |
| 3 Bedrooms | $220K | $250.2K | +13.8% |
| 4 Bedrooms | $370K | $449.7K | +21.5% |
| 5+ Bedrooms | $560.5K | $642.5K | +14.6% |
Summary: Cheswick housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
| Cheswick | $220K | $254K | +15.5% |
| Springdale Township | $150K | $169K | +12.7% |
| Springdale | $150K | $160K | +6.7% |
Housing Supply in Cheswick, PA
How many homes are available in Cheswick, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Summary: The Cheswick real estate market had 29 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Cheswick housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cheswick, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Cheswick in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Cheswick, PA
How long does it take to sell a home in Cheswick, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 79 Days | 7 Days | -91.1% |
Summary: Homes in Cheswick had an average of 7 days on market in Nov 2024, down by 91.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cheswick are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Cheswick; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
