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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Sewickley Township is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, North Sewickley Township has remained a Buyer's Market.

Key Takeaway

North Sewickley Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Sewickley Township, PA

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

Median Sold Price

$234,900

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$27,400(+13.2%)

Key Takeaway

Homes in North Sewickley Township have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in North Sewickley Township was $234,900 in September 2024, up 13.2% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$65K
N/A
2 $179.9K$172.5K
-4.1%
3 $212.5K$225K
+5.9%
4 $205K$285K
+39.0%
5+ -$407.5K
N/A

Summary: North 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 decreased by 4.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 39%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Sewickley Township
+13.2%
Wayne Township
+7.4%
Ellwood City
+2.5%
Franklin Township
+2.3%

Housing Supply in North Sewickley Township, PA

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1923+21.1%

Summary: The North Sewickley Township real estate market had 23 homes for sale in September 2024, a 21.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1110
-9.1%
4 58
+60.0%
5+ 11
0.0%

Summary: The North 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 9.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Sewickley Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in North Sewickley Township in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for North Sewickley Township, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
10 Days20 Days+90.5%

Summary: Homes in North Sewickley Township had an average of 20 days on market in Sep 2024, up by 90.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in North Sewickley Township; 100% of homes were sold within 30 days, 0% 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 Sep 1, 2024

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