Is McCandless Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McCandless Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, McCandless Township has remained a Seller's Market.

Key Takeaway

McCandless Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in McCandless Township, PA

How much do homes in McCandless Township, PA cost?

Median Sold Price

$367,250

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,500(+3.2%)

Key Takeaway

Homes in McCandless Township have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in McCandless Township was $367,250 in October 2024, up 3.2% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $124.5K$132.5K
+6.4%
2 $215K$228.7K
+6.4%
3 $322.5K$340K
+5.4%
4 $450K$462K
+2.7%
5+ $550K$522.4K
-5.0%

Summary: McCandless Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Cities

Allison Park
+7.9%
Wexford
+6.5%
Hampton Township
+6.3%
Ross Township
+4.3%
McCandless Township
+3.2%

Housing Supply in McCandless Township, PA

How many homes are available in McCandless Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8496+14.3%

Summary: The McCandless Township real estate market had 96 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 14
+300.0%
2 129
-25.0%
3 3846
+21.1%
4 3030
0.0%
5+ 37
+133.3%

Summary: The McCandless Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 133.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McCandless Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in McCandless Township in October 2024, up by 16.7% month-over-month. Of the 21 sold homes, 43% were sold under asking, 24% were sold at asking, and 33% were sold over asking.

Days on Market for McCandless Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days28 Days+71.5%

Summary: Homes in McCandless Township had an average of 28 days on market in Oct 2024, up by 71.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 21 homes were sold in McCandless Township; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% 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 16 Days Ago

Newest Listings in McCandless Township, PA

Nearby Markets to McCandless Township, PA

What housing markets are near McCandless Township, PA?