$2,789 Closing Credit*
$234,900
3 Beds
•2 Full Baths
Tina Nobers, Listing Office: Janus Realty Advisors
Is Jeannette, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jeannette was a Seller's Market.
Key Takeaway
Jeannette 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 Jeannette, PA
How much do homes in Jeannette, PA cost?
Median Sold Price
$166,666
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,666(+11.1%)
Key Takeaway
Homes in Jeannette have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Jeannette was $166,666 in October 2024, up 11.1% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $15K | -75.0% |
| 2 Bedrooms | $109K | $90.2K | -17.2% |
| 3 Bedrooms | $185.5K | $175.5K | -5.4% |
| 4 Bedrooms | $247K | $295K | +19.4% |
| 5+ Bedrooms | $436K | $505K | +15.8% |
Summary: Jeannette housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Jeannette | $150K | $166.6K | +11.1% |
| Penn Township | $290K | $312K | +7.6% |
| Hempfield Township | $234.9K | $249.9K | +6.4% |
Housing Supply in Jeannette, PA
How many homes are available in Jeannette, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 83 | +20.3% |
Summary: The Jeannette real estate market had 83 homes for sale in October 2024, a 20.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 36 | 48 | +33.3% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Jeannette housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jeannette, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Jeannette in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for Jeannette, PA
How long does it take to sell a home in Jeannette, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 57 Days | +61.6% |
Summary: Homes in Jeannette had an average of 57 days on market in Oct 2024, up by 61.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jeannette has remained consistent over time.
Summary: During October 2024, 13 homes were sold in Jeannette; 31% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 23% 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.