$2,730 Closing Credit*
$229,900
1,617 SqFt
3 Beds
•2 Full Baths
Paul Bortz, Listing Office: Coldwell Banker Laurel Ridge Realty
Is Connellsville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Connellsville was a Seller's Market.
Key Takeaway
Connellsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Connellsville, PA
How much do homes in Connellsville, PA cost?
Median Sold Price
$162,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,750(+14.7%)
Key Takeaway
Homes in Connellsville have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Connellsville was $162,000 in October 2024, up 14.7% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69.5K | $114K | +64.0% |
| 2 Bedrooms | $115K | $129.2K | +12.3% |
| 3 Bedrooms | $155K | $162K | +4.5% |
| 4 Bedrooms | $172.5K | $175K | +1.4% |
| 5+ Bedrooms | $115K | $167K | +45.2% |
Summary: Connellsville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 45.2%.
Median Sold Price Compared To Nearby Cities
| Connellsville | $141.2K | $162K | +14.7% |
| Connellsville Township | $141.2K | $162K | +14.7% |
| Dunbar Township | $185K | $158.3K | -14.4% |
Housing Supply in Connellsville, PA
How many homes are available in Connellsville, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 59 | +5.4% |
Summary: The Connellsville real estate market had 59 homes for sale in October 2024, a 5.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 28 | 27 | -3.6% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Connellsville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Connellsville, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Connellsville in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Connellsville, PA
How long does it take to sell a home in Connellsville, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 42 Days | +55.0% |
Summary: Homes in Connellsville had an average of 42 days on market in Oct 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Connellsville has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Connellsville; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
