Is East Mc Keesport, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Mc Keesport is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, East Mc Keesport has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Mc Keesport, PA

How much do homes in East Mc Keesport, PA cost?

Median Sold Price

$76,250

$54/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$16,750(-18.0%)

Key Takeaway

Homes in East Mc Keesport have sold for 18% less than they did a year ago.

Summary: The median home sold price in East Mc Keesport was $76,250 in December 2024, down 18% from last year, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $80.5K$42.5K
-47.2%
3 $115K$109.9K
-4.4%
4 -$112.7K
N/A
5+ $235K$119.9K
-48.9%

Summary: East Mc Keesport housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.2%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 48.9%.

Median Sold Price Compared To Nearby Cities

North Versailles Township
+2.0%
North Versailles
+1.5%
East Mc Keesport
-18.0%
East McKeesport
-18.0%

Housing Supply in East Mc Keesport, PA

How many homes are available in East Mc Keesport, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
87-12.5%

Summary: The East Mc Keesport real estate market had 7 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The East Mc Keesport housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Mc Keesport, 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 Mc Keesport in December 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 Mc Keesport, PA

How long does it take to sell a home in East Mc Keesport, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
155 Days59 Days-62.1%

Summary: Homes in East Mc Keesport had an average of 59 days on market in Dec 2024, down by 62.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in East Mc Keesport; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 7 Days Ago

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