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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakdale is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Oakdale was a Seller's Market.

Key Takeaway

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

Housing Prices in Oakdale, PA

How much do homes in Oakdale, PA cost?

Median Sold Price

$300,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,000(+5.6%)

Key Takeaway

Homes in Oakdale have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Oakdale was $300,000 in November 2024, up 5.6% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $204K$196.5K
-3.7%
3 $259.9K$250K
-3.8%
4 $434.8K$505K
+16.1%
5+ $519.7K$510K
-1.9%

Summary: Oakdale 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 decreased by 3.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Cities

South Fayette Township
+20.4%
North Fayette Township
+8.5%
Oakdale
+5.6%

Housing Supply in Oakdale, PA

How many homes are available in Oakdale, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3734-8.1%

Summary: The Oakdale real estate market had 34 homes for sale in November 2024, a 8.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1717
0.0%
4 1514
-6.7%
5+ 21
-50.0%

Summary: The Oakdale 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
114-63.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Oakdale in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
40 Days39 Days-3.3%

Summary: Homes in Oakdale had an average of 39 days on market in Nov 2024, down by 3.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 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 November 2024, 4 homes were sold in Oakdale; 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 2 Days Ago

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