$2,314 Closing Credit*
$194,900
1,080 SqFt
2 Beds
•2 Full Baths
Larissa Leuenberger, Listing Office: Realty One Group Gold Standard
Is McKeesport, 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, 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
$110,833
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,433(+22.6%)
Key Takeaway
Homes in McKeesport have sold for 22.6% more than they did a year ago.
Summary: The median home sold price in McKeesport was $110,833 in November 2024, up 22.6% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109K | $59.9K | -45.1% |
| 2 Bedrooms | $74.5K | $97.3K | +30.6% |
| 3 Bedrooms | $96.5K | $118.4K | +22.7% |
| 4 Bedrooms | $140.5K | $137K | -2.5% |
| 5+ Bedrooms | $155K | $135K | -12.9% |
Summary: McKeesport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.1%, 2 bedroom homes increased by 30.6%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 12.9%.
Housing Supply in McKeesport, PA
How many homes are available in McKeesport, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 | 152 | +2.0% |
Summary: The McKeesport real estate market had 152 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 43 | 43 | 0.0% |
| 3 Bedrooms | 82 | 82 | 0.0% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The McKeesport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McKeesport, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in McKeesport in November 2024, down by 26.1% month-over-month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 83 Days | 63 Days | -24.1% |
Summary: Homes in McKeesport had an average of 63 days on market in Nov 2024, down by 24.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in McKeesport has remained consistent over time.
Summary: During November 2024, 17 homes were sold in McKeesport; 35% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 24% 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.