$3,432 Closing Credit*
$289,000
1,566 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jacklyn Jonas, Listing Office: Realty One Group Gold Standard
Is Jeannette, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Jeannette was a Neutral Market.
Key Takeaway
Jeannette is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jeannette, PA
How much do homes in Jeannette, PA cost?
Median Sold Price
$168,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+8.0%)
Key Takeaway
Homes in Jeannette have sold for 8% more than they did a year ago.
Summary: The median home sold price in Jeannette was $168,000 in November 2024, up 8% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57K | $15K | -73.7% |
| 2 Bedrooms | $109K | $90.5K | -17.0% |
| 3 Bedrooms | $185.5K | $179.9K | -3.0% |
| 4 Bedrooms | $265K | $305K | +15.1% |
| 5+ Bedrooms | $678.5K | $373.5K | -45.0% |
Summary: Jeannette housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 73.7%, 2 bedroom homes decreased by 17%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 45%.
Median Sold Price Compared To Nearby Cities
| Penn Township | $288.7K | $319.4K | +10.6% |
| Jeannette | $155.5K | $168K | +8.0% |
| Hempfield Township | $235K | $249K | +6.0% |
Housing Supply in Jeannette, PA
How many homes are available in Jeannette, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 79 | -1.3% |
Summary: The Jeannette real estate market had 79 homes for sale in November 2024, a 1.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 46 | 47 | +2.2% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Jeannette 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 decreased by 5.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
8 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. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Jeannette in November 2024, the same as the previous month. Of the 14 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 40 Days | +67.2% |
Summary: Homes in Jeannette had an average of 40 days on market in Nov 2024, up by 67.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jeannette are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Jeannette; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% 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.