$4,156 Closing Credit*
$350,000
2 Beds
•2 Full Baths
Ruth Dambrosio/Ilene Grayson, Listing Office: Howard Hanna Real Estate Services
Is Murrysville, 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, Murrysville was a Seller's Market.
Key Takeaway
Murrysville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Murrysville, PA
How much do homes in Murrysville, PA cost?
Median Sold Price
$360,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,500(+3.3%)
Key Takeaway
Homes in Murrysville have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Murrysville was $360,000 in November 2024, up 3.3% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $208K | -9.6% |
| 3 Bedrooms | $260K | $260K | 0.0% |
| 4 Bedrooms | $421.5K | $440K | +4.4% |
| 5+ Bedrooms | $639.5K | $630.5K | -1.4% |
Summary: Murrysville 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 decreased by 9.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
| Penn Township | $288.7K | $319.4K | +10.6% |
| Washington Township | $215K | $235K | +9.3% |
| Export | $305K | $318K | +4.3% |
| Murrysville | $348.5K | $360K | +3.3% |
Housing Supply in Murrysville, PA
How many homes are available in Murrysville, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 63 | -7.4% |
Summary: The Murrysville real estate market had 63 homes for sale in November 2024, a 7.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 28 | 28 | 0.0% |
| 4 Bedrooms | 26 | 24 | -7.7% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Murrysville 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 decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
7 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 Murrysville, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Murrysville in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Murrysville, PA
How long does it take to sell a home in Murrysville, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 37 Days | +5.3% |
Summary: Homes in Murrysville had an average of 37 days on market in Nov 2024, up by 5.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Murrysville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Murrysville; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
