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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neshannock Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Neshannock Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Neshannock Township, PA

How much do homes in Neshannock Township, PA cost?

Median Sold Price

$229,950

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,450(+8.2%)

Key Takeaway

Homes in Neshannock Township have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Neshannock Township was $229,950 in November 2024, up 8.2% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$154K
N/A
2 $157.5K$179.9K
+14.2%
3 $200K$212.4K
+6.2%
4 $273K$298.5K
+9.3%
5+ $350K$355K
+1.4%

Summary: Neshannock 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 14.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Union Township
+18.8%
New Castle
+11.7%
Neshannock Township
+8.2%
Hickory Township
-15.0%

Housing Supply in Neshannock Township, PA

How many homes are available in Neshannock Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
59590.0%

Summary: The Neshannock Township real estate market had 59 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 3028
-6.7%
4 1417
+21.4%
5+ 45
+25.0%

Summary: The Neshannock Township 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 18.2%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
913+44.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Neshannock Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Neshannock Township in November 2024, up by 44.4% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for Neshannock Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
56 Days54 Days-4.2%

Summary: Homes in Neshannock Township had an average of 54 days on market in Nov 2024, down by 4.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Neshannock Township; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% 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 2 Days Ago

Newest Listings in Neshannock Township, PA

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