$1,774 Closing Credit*
$149,400
1,305 SqFt
2 Beds
•2 Full Baths
Brett Chupinka, Listing Office: K & S Real Estate, Inc
Is Oakmont, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Oakmont has remained a Seller's Market.
Key Takeaway
Oakmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oakmont, PA
How much do homes in Oakmont, PA cost?
Median Sold Price
$327,500
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,000(+12.7%)
Key Takeaway
Homes in Oakmont have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Oakmont was $327,500 in November 2024, up 12.7% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121.4K | $192K | +58.0% |
| 2 Bedrooms | $196K | $201.7K | +2.9% |
| 3 Bedrooms | $260K | $340K | +30.8% |
| 4 Bedrooms | $717.4K | $639.9K | -10.8% |
| 5+ Bedrooms | $767.5K | $535K | -30.3% |
Summary: Oakmont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 30.3%.
Median Sold Price Compared To Nearby Cities
| Oakmont | $290.5K | $327.5K | +12.7% |
| Penn Hills Township | $165K | $174.9K | +6.0% |
| Verona | $170K | $179.9K | +5.8% |
| Plum | $240K | $249.5K | +4.0% |
Housing Supply in Oakmont, PA
How many homes are available in Oakmont, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Summary: The Oakmont real estate market had 41 homes for sale in November 2024, a 2.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Oakmont 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakmont, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Oakmont in November 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Oakmont, PA
How long does it take to sell a home in Oakmont, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 72 Days | +22.9% |
Summary: Homes in Oakmont had an average of 72 days on market in Nov 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oakmont has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Oakmont; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
