$1,186 Closing Credit*
$99,900
Hillary McCullough - Elizabeth Hutton Group, Listing Office: Exp Realty Llc
Is Indiana Township, 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, Indiana Township has remained a Seller's Market.
Key Takeaway
Indiana Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Indiana Township, PA
How much do homes in Indiana Township, PA cost?
Median Sold Price
$243,500
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$48,500(+24.9%)
Key Takeaway
Homes in Indiana Township have sold for 24.9% more than they did a year ago.
Summary: The median home sold price in Indiana Township was $243,500 in November 2024, up 24.9% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $126K | +0.8% |
| 3 Bedrooms | $185K | $220K | +18.9% |
| 4 Bedrooms | $282K | $322K | +14.2% |
| 5+ Bedrooms | $389.9K | $529K | +35.7% |
Summary: Indiana Township 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 0.8%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 35.7%.
Median Sold Price Compared To Nearby Cities
| Indiana Township | $195K | $243.5K | +24.9% |
| O'Hara Township | $385K | $474K | +23.1% |
| Fox Chapel | $905K | $930K | +2.8% |
Housing Supply in Indiana Township, PA
How many homes are available in Indiana Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 | 81 | -13.8% |
Summary: The Indiana Township real estate market had 81 homes for sale in November 2024, a 13.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 48 | 45 | -6.3% |
| 4 Bedrooms | 20 | 15 | -25.0% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Indiana Township 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 14.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 14 | -39.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indiana Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Indiana Township in November 2024, down by 39.1% month-over-month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.
Days on Market for Indiana Township, PA
How long does it take to sell a home in Indiana Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 51 Days | +91.6% |
Summary: Homes in Indiana Township had an average of 51 days on market in Nov 2024, up by 91.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indiana Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Indiana Township; 36% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
