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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moon Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Moon Township, PA

How much do homes in Moon Township, PA cost?

Median Sold Price

$302,950

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,050(-2.9%)

Key Takeaway

Homes in Moon Township have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Moon Township was $302,950 in November 2024, down 2.9% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $88.5K$88.5K
0.0%
2 $139.9K$146.4K
+4.7%
3 $289.5K$295K
+1.9%
4 $440K$429K
-2.5%
5+ $380K$606K
+59.5%

Summary: Moon Township 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 4.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 59.5%.

Median Sold Price Compared To Nearby Cities

Robinson Township
+22.7%
Coraopolis
-0.2%
Findlay Township
-1.4%
Moon Township
-2.9%

Housing Supply in Moon Township, PA

How many homes are available in Moon Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10294-7.8%

Summary: The Moon Township real estate market had 94 homes for sale in November 2024, a 7.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 119
-18.2%
2 1111
0.0%
3 4440
-9.1%
4 3231
-3.1%
5+ 43
-25.0%

Summary: The Moon Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2716-40.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moon Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Moon Township in November 2024, down by 40.7% month-over-month. Of the 16 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.

Days on Market for Moon Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days22 Days-25.4%

Summary: Homes in Moon Township had an average of 22 days on market in Nov 2024, down by 25.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 16 homes were sold in Moon Township; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% 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 17 Days Ago

Newest Listings in Moon Township, PA

Nearby Markets to Moon Township, PA

What housing markets are near Moon Township, PA?