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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Sewickley Township is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, New Sewickley Township was a Seller's Market.

Key Takeaway

New Sewickley Township 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 New Sewickley Township, PA

How much do homes in New Sewickley Township, PA cost?

Median Sold Price

$339,900

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$78,900(+30.2%)

Key Takeaway

Homes in New Sewickley Township have sold for 30.2% more than they did a year ago.

Summary: The median home sold price in New Sewickley Township was $339,900 in September 2024, up 30.2% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $236.2K$309K
+30.8%
3 $267K$342.5K
+28.3%
4 $568.7K$539K
-5.2%
5+ $322K-
N/A

Summary: New Sewickley Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 28.3%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Sewickley Township
+30.2%
Freedom
+12.0%
Rochester Township
-7.9%

Housing Supply in New Sewickley Township, PA

How many homes are available in New Sewickley Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1213+8.3%

Summary: The New Sewickley Township real estate market had 13 homes for sale in September 2024, a 8.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1210
-16.7%
4 02
+100.0%
5+ 00
0.0%

Summary: The New Sewickley Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Sewickley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in New Sewickley Township in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for New Sewickley Township, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
66 Days22 Days-66.7%

Summary: Homes in New Sewickley Township had an average of 22 days on market in Sep 2024, down by 66.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in New Sewickley Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in New Sewickley Township, PA

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