$1,424 Closing Credit*
$119,900
672 SqFt
2 Beds
•1 Full Bath, 1 Partial
Danielle Zontek, Listing Office: Howard Hanna Real Estate Services
Is McKeesport, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, McKeesport was a Seller's Market.
Key Takeaway
McKeesport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in McKeesport, PA
How much do homes in McKeesport, PA cost?
Median Sold Price
$111,500
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$20,700(+22.8%)
Key Takeaway
Homes in McKeesport have sold for 22.8% more than they did a year ago.
Summary: The median home sold price in McKeesport was $111,500 in December 2024, up 22.8% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109K | $57.9K | -46.9% |
| 2 Bedrooms | $71K | $95K | +33.8% |
| 3 Bedrooms | $102K | $122K | +19.6% |
| 4 Bedrooms | $133K | $148K | +11.3% |
| 5+ Bedrooms | $155K | $125K | -19.4% |
Summary: McKeesport housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.9%, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 19.4%.
Housing Supply in McKeesport, PA
How many homes are available in McKeesport, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 140 | 143 | +2.1% |
Summary: The McKeesport real estate market had 143 homes for sale in December 2024, a 2.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 41 | 47 | +14.6% |
| 3 Bedrooms | 75 | 71 | -5.3% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The McKeesport housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in McKeesport, you may be able to get a good deal. 89.5% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in McKeesport in December 2024, up by 11.8% month-over-month. Of the 19 sold homes, 89% were sold under asking, 5% were sold at asking, and 5% were sold over asking.
Days on Market for McKeesport, PA
How long does it take to sell a home in McKeesport, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 76 Days | 53 Days | -30.0% |
Summary: Homes in McKeesport had an average of 53 days on market in Dec 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in McKeesport are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 19 homes were sold in McKeesport; 47% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% 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.