Is Oakdale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Oakdale was a Seller's Market.
Housing Prices in Oakdale, PA
How much do homes in Oakdale, PA cost?
Median Sold Price
$269,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oakdale was $269,000 in May 2024, down 2.5% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $211.5K | $191K | -9.7% |
3 Bedrooms | $250K | $250K | 0.0% |
4 Bedrooms | $415K | $450K | +8.4% |
5+ Bedrooms | $496K | $540.2K | +8.9% |
Summary: Oakdale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Cities
North Fayette Township | $255K | $285K | +11.8% |
South Fayette Township | $343.5K | $340K | -1.0% |
Oakdale | $276K | $269K | -2.5% |
Housing Supply in Oakdale, PA
How many homes are available in Oakdale, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 34 | +41.7% |
Summary: The Oakdale real estate market had 34 homes for sale in May 2024, a 41.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 18 | +63.6% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Oakdale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 63.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Oakdale in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 52 Days | +108.6% |
Summary: Homes in Oakdale had an average of 52 days on market in May 2024, up by 108.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 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.