$1,959 Closing Credit*
$165,000
Mark Carr, Listing Office: Nulf Real Estate
Is McKees Rocks, 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, McKees Rocks has remained a Seller's Market.
Key Takeaway
McKees Rocks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McKees Rocks, PA
How much do homes in McKees Rocks, PA cost?
Median Sold Price
$75,000
$63/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,667(+9.8%)
Key Takeaway
Homes in McKees Rocks have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in McKees Rocks was $75,000 in November 2024, up 9.8% from last year, and the median price per square foot was $63.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $47.5K | $55.5K | +16.8% |
| 3 Bedrooms | $82.5K | $84K | +1.8% |
| 4 Bedrooms | $90K | $134.5K | +49.4% |
| 5+ Bedrooms | $57.5K | $67K | +16.5% |
Summary: McKees Rocks 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 16.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 49.4%, and 5+ bedroom homes increased by 16.5%.
Median Sold Price Compared To Nearby Cities
| Mc Kees Rocks | $165.8K | $184.2K | +11.1% |
| McKees Rocks | $68.3K | $75K | +9.8% |
| Pittsburgh | $235.2K | $249.6K | +6.1% |
| Kennedy Township | $260K | $271K | +4.2% |
| Stowe Township | $112.5K | $114.9K | +2.2% |
Housing Supply in McKees Rocks, PA
How many homes are available in McKees Rocks, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The McKees Rocks real estate market had 17 homes for sale in November 2024, a 10.5% 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The McKees 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 40%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McKees Rocks, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in McKees Rocks in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for McKees Rocks, PA
How long does it take to sell a home in McKees Rocks, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 38 Days | -49.3% |
Summary: Homes in McKees Rocks had an average of 38 days on market in Nov 2024, down by 49.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in McKees Rocks are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in McKees Rocks; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
