$9,084 Closing Credit*
$765,000
4 Beds
•2 Full Baths, 1 Partial
Patty Pellegrini, Listing Office: Berkshire Hathaway The Preferred Realty
Is Gibsonia, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Gibsonia has remained a Seller's Market.
Key Takeaway
Gibsonia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gibsonia, PA
How much do homes in Gibsonia, PA cost?
Median Sold Price
$410,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$13,881(-3.3%)
Key Takeaway
Homes in Gibsonia have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in Gibsonia was $410,000 in December 2024, down 3.3% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $75K | N/A |
| 2 Bedrooms | $250K | $233.5K | -6.6% |
| 3 Bedrooms | $343.7K | $340K | -1.1% |
| 4 Bedrooms | $579.5K | $549K | -5.3% |
| 5+ Bedrooms | $987.5K | $930K | -5.8% |
Summary: Gibsonia 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 6.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Valencia | $483.4K | $508.4K | +5.2% |
| Richland Township | $342K | $340K | -0.6% |
| Gibsonia | $423.8K | $410K | -3.3% |
Housing Supply in Gibsonia, PA
How many homes are available in Gibsonia, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 108 | 93 | -13.9% |
Summary: The Gibsonia real estate market had 93 homes for sale in December 2024, a 13.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 53 | 52 | -1.9% |
| 4 Bedrooms | 36 | 25 | -30.6% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Gibsonia 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 42.9%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gibsonia, you may be able to get a good deal. 64.5% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Gibsonia in December 2024, up by 19.2% month-over-month. Of the 31 sold homes, 65% were sold under asking, 10% were sold at asking, and 26% were sold over asking.
Days on Market for Gibsonia, PA
How long does it take to sell a home in Gibsonia, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 37 Days | +5.0% |
Summary: Homes in Gibsonia had an average of 37 days on market in Dec 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Gibsonia are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 31 homes were sold in Gibsonia; 48% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
