Is Glassport, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glassport is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Glassport was a Seller's Market.

Key Takeaway

Glassport 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 Glassport, PA

How much do homes in Glassport, PA cost?

Median Sold Price

$95,000

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,500(-4.5%)

Key Takeaway

Homes in Glassport have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in Glassport was $95,000 in November 2024, down 4.5% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $5K$27.5K
+450.0%
2 $80.4K$79.2K
-1.5%
3 $78.7K$95K
+20.6%
4 $115K$145K
+26.1%
5+ $145K$140K
-3.4%

Summary: Glassport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 450%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Cities

McKeesport
+22.6%
Port Vue
-2.6%
Glassport
-4.5%

Housing Supply in Glassport, PA

How many homes are available in Glassport, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3040+33.3%

Summary: The Glassport real estate market had 40 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 615
+150.0%
3 1415
+7.1%
4 87
-12.5%
5+ 11
0.0%

Summary: The Glassport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glassport, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Glassport in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Glassport, PA

How long does it take to sell a home in Glassport, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days77 Days+181.9%

Summary: Homes in Glassport had an average of 77 days on market in Nov 2024, up by 181.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Glassport; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

Newest Listings in Glassport, PA

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