$1,484 Closing Credit*
$125,000
1,290 SqFt
3 Beds
•1 Full Bath
Michael Kusenko, Listing Office: Meridian Real Estate Group
Is Gibsonia, 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, 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
$412,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,907(-1.9%)
Key Takeaway
Homes in Gibsonia have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Gibsonia was $412,500 in November 2024, down 1.9% 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 | - | $75K | N/A |
| 2 Bedrooms | $250K | $239.5K | -4.2% |
| 3 Bedrooms | $337K | $340K | +0.9% |
| 4 Bedrooms | $575K | $575K | 0.0% |
| 5+ Bedrooms | $987.5K | $842.5K | -14.7% |
Summary: Gibsonia 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 4.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
| Valencia | $469.9K | $499.5K | +6.3% |
| Richland Township | $342K | $340K | -0.6% |
| Gibsonia | $420.4K | $412.5K | -1.9% |
Housing Supply in Gibsonia, PA
How many homes are available in Gibsonia, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 116 | 115 | -0.9% |
Summary: The Gibsonia real estate market had 115 homes for sale in November 2024, a 0.9% 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 | 9 | 7 | -22.2% |
| 3 Bedrooms | 50 | 55 | +10.0% |
| 4 Bedrooms | 42 | 37 | -11.9% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Gibsonia 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 decreased by 22.2%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gibsonia, you may be able to get a good deal. 70.8% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Gibsonia in November 2024, down by 7.7% month-over-month. Of the 24 sold homes, 71% were sold under asking, 4% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 43 Days | -29.2% |
Summary: Homes in Gibsonia had an average of 43 days on market in Nov 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gibsonia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in Gibsonia; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
