Is Mc Kees Rocks, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Kees Rocks is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mc Kees Rocks has remained a Seller's Market.

Key Takeaway

Mc Kees Rocks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mc Kees Rocks, PA

How much do homes in Mc Kees Rocks, PA cost?

Median Sold Price

$184,250

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,416(+11.1%)

Key Takeaway

Homes in Mc Kees Rocks have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Mc Kees Rocks was $184,250 in November 2024, up 11.1% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$41.4K
-66.8%
2 $65K$75K
+15.4%
3 $179.7K$200K
+11.3%
4 $262.5K$380.5K
+45.0%
5+ $173.5K$399K
+130.0%

Summary: Mc Kees Rocks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66.8%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 45%, and 5+ bedroom homes increased by 130%.

Median Sold Price Compared To Nearby Cities

Robinson Township
+22.7%
Mc Kees Rocks
+11.1%
McKees Rocks
+9.8%
Kennedy Township
+4.2%
Stowe Township
+2.2%

Housing Supply in Mc Kees Rocks, PA

How many homes are available in Mc Kees Rocks, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10292-9.8%

Summary: The Mc Kees Rocks real estate market had 92 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 2419
-20.8%
3 5752
-8.8%
4 1917
-10.5%
5+ 12
+100.0%

Summary: The Mc Kees Rocks 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 20.8%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2519-24.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Kees Rocks, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Mc Kees Rocks in November 2024, down by 24.0% month-over-month. Of the 19 sold homes, 74% were sold under asking, 5% were sold at asking, and 21% were sold over asking.

Days on Market for Mc Kees Rocks, PA

How long does it take to sell a home in Mc Kees Rocks, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days53 Days+2.5%

Summary: Homes in Mc Kees Rocks had an average of 53 days on market in Nov 2024, up by 2.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 19 homes were sold in Mc Kees Rocks; 53% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 21% 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 20 Days Ago

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