$6,531 Closing Credit*
$550,000
2,460 SqFt
5 Beds
•2 Full Baths, 1 Partial
Fred Harr, Listing Office: Howard Hanna Real Estate Services
Is Edgewood, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Edgewood has remained a Seller's Market.
Key Takeaway
Edgewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Edgewood, PA
How much do homes in Edgewood, PA cost?
Median Sold Price
$336,200
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,200(+0.4%)
Key Takeaway
The sold price of homes in Edgewood has remained the same since last year.
Summary: The median home sold price in Edgewood was $336,200 in November 2024, up 0.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $247K | $213K | -13.8% |
| 3 Bedrooms | $265K | $312.5K | +17.9% |
| 4 Bedrooms | $380K | $381K | 0.3% |
| 5+ Bedrooms | $431.2K | $507.7K | +17.7% |
Summary: Edgewood 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 decreased by 13.8%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 17.7%.
Median Sold Price Compared To Nearby Cities
| Edgewood | $335K | $336.2K | 0.4% |
| Swissvale | $165K | $164.9K | 0% |
| Wilkinsburg | $135K | $130.9K | -3.0% |
Housing Supply in Edgewood, PA
How many homes are available in Edgewood, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Edgewood real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Edgewood 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edgewood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Edgewood in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Edgewood, PA
How long does it take to sell a home in Edgewood, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 36 Days | -52.1% |
Summary: Homes in Edgewood had an average of 36 days on market in Nov 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edgewood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Edgewood; 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.
