$8,905 Closing Credit*
$749,900
4 Beds
•4 Full Baths, 1 Partial
Sarah Madia, Listing Office: Re/Max Select Realty
Is East Allegheny, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Allegheny has remained a Buyer's Market.
Key Takeaway
East Allegheny is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Allegheny, PA
How much do homes in East Allegheny, PA cost?
Median Sold Price
$280,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,000(+4.1%)
Key Takeaway
Homes in East Allegheny have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in East Allegheny was $280,000 in October 2024, up 4.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $372.5K | N/A |
| 2 Bedrooms | $235K | $242.5K | +3.2% |
| 3 Bedrooms | $315K | $395.5K | +25.6% |
| 4 Bedrooms | $277.5K | $291.8K | +5.2% |
| 5+ Bedrooms | $65K | $222.5K | +242.3% |
Summary: East Allegheny housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 242.3%.
Median Sold Price Compared To Nearby Neighborhoods
| East Allegheny | $269K | $280K | +4.1% |
| Spring Hill-City View | $155K | $80K | -48.4% |
Housing Supply in East Allegheny, PA
How many homes are available in East Allegheny, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 21 | +23.5% |
Summary: The East Allegheny real estate market had 21 homes for sale in October 2024, a 23.5% 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The East Allegheny 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 66.7%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Allegheny, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Allegheny in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Allegheny, PA
How long does it take to sell a home in East Allegheny, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 27 Days | -47.1% |
Summary: Homes in East Allegheny had an average of 27 days on market in Oct 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Allegheny are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in East Allegheny; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
