Is Oakdale, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakdale is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Oakdale, PA

How much do homes in Oakdale, PA cost?

Median Sold Price

$306,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,000(+8.5%)

Key Takeaway

Homes in Oakdale have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Oakdale was $306,000 in December 2024, up 8.5% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $197.5K$196.5K
-0.5%
3 $255K$274K
+7.5%
4 $435K$512.5K
+17.8%
5+ $519.7K$510K
-1.9%

Summary: Oakdale housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Cities

South Fayette Township
+18.4%
Oakdale
+8.5%
North Fayette Township
+7.8%

Housing Supply in Oakdale, PA

How many homes are available in Oakdale, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3134+9.7%

Summary: The Oakdale real estate market had 34 homes for sale in December 2024, a 9.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1619
+18.8%
4 1211
-8.3%
5+ 11
0.0%

Summary: The Oakdale housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Oakdale in December 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Oakdale, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
17 Days52 Days+201.5%

Summary: Homes in Oakdale had an average of 52 days on market in Dec 2024, up by 201.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 8 homes were sold in Oakdale; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in Oakdale, PA

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