$2,666 Closing Credit*
$224,500
1,790 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brian Schmidt, Listing Office: Re/Max Home Center
Is Elizabeth, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Elizabeth was a Seller's Market.
Key Takeaway
Elizabeth is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Elizabeth, PA
How much do homes in Elizabeth, PA cost?
Median Sold Price
$191,900
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,950(+6.6%)
Key Takeaway
Homes in Elizabeth have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Elizabeth was $191,900 in November 2024, up 6.6% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $126K | $150K | +19.0% |
| 3 Bedrooms | $207.4K | $195K | -6.0% |
| 4 Bedrooms | $192.5K | $283K | +47.0% |
| 5+ Bedrooms | $140K | $22.5K | -83.9% |
Summary: Elizabeth 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 increased by 19%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 47%, and 5+ bedroom homes decreased by 83.9%.
Median Sold Price Compared To Nearby Cities
| Elizabeth | $179.9K | $191.9K | +6.6% |
| Elizabeth Township | $179.9K | $183K | +1.7% |
| Jefferson Hills | $337.5K | $317.5K | -5.9% |
Housing Supply in Elizabeth, PA
How many homes are available in Elizabeth, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The Elizabeth real estate market had 28 homes for sale in November 2024, a 3.4% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Elizabeth 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 increased by 14.3%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Elizabeth, 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 Elizabeth in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Elizabeth, PA
How long does it take to sell a home in Elizabeth, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 12 Days | -56.1% |
Summary: Homes in Elizabeth had an average of 12 days on market in Nov 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elizabeth are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Elizabeth; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.