Is Coraopolis, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coraopolis is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Coraopolis has remained a Seller's Market.

Key Takeaway

Coraopolis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Coraopolis, PA

How much do homes in Coraopolis, PA cost?

Median Sold Price

$289,300

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,550(+3.0%)

Key Takeaway

Homes in Coraopolis have sold for 3% more than they did a year ago.

Summary: The median home sold price in Coraopolis was $289,300 in October 2024, up 3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $88.5K$92K
+4.0%
2 $151.9K$163K
+7.3%
3 $275K$283K
+2.9%
4 $425K$431K
+1.4%
5+ $343.7K$530.7K
+54.4%

Summary: Coraopolis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 54.4%.

Median Sold Price Compared To Nearby Cities

Coraopolis
+3.0%
Moon Township
-0.2%

Housing Supply in Coraopolis, PA

How many homes are available in Coraopolis, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
129159+23.3%

Summary: The Coraopolis real estate market had 159 homes for sale in October 2024, a 23.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 610
+66.7%
2 1925
+31.6%
3 5975
+27.1%
4 4146
+12.2%
5+ 43
-25.0%

Summary: The Coraopolis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 27.1%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2735+29.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coraopolis, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Coraopolis in October 2024, up by 29.6% month-over-month. Of the 35 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Coraopolis, PA

How long does it take to sell a home in Coraopolis, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days29 Days+62.3%

Summary: Homes in Coraopolis had an average of 29 days on market in Oct 2024, up by 62.3% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coraopolis are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 35 homes were sold in Coraopolis; 57% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Coraopolis, PA

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