$2,730 Closing Credit*
$229,900
2,876 SqFt
3 Beds
•1 Full Bath, 1 Partial
Karen Wantland, Listing Office: Howard Hanna Real Estate Services
Is Parks Township, 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, Parks Township has remained a Seller's Market.
Key Takeaway
Parks Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Parks Township, PA
How much do homes in Parks Township, PA cost?
Median Sold Price
$158,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,250(+16.3%)
Key Takeaway
Homes in Parks Township have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Parks Township was $158,500 in November 2024, up 16.3% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $17K | -69.1% |
| 2 Bedrooms | $205.2K | $139.5K | -32.0% |
| 3 Bedrooms | $136.2K | $160K | +17.4% |
| 4 Bedrooms | $364.7K | $276K | -24.3% |
| 5+ Bedrooms | - | $340K | N/A |
Summary: Parks Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.1%, 2 bedroom homes decreased by 32%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Parks Township | $136.2K | $158.5K | +16.3% |
| Vandergrift | $106K | $120K | +13.2% |
| Allegheny Township | $203.1K | $227.5K | +12.0% |
| Vandergrift | $109.9K | $120K | +9.1% |
Housing Supply in Parks Township, PA
How many homes are available in Parks Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The Parks Township real estate market had 11 homes for sale in November 2024, a 21.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Parks Township 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Parks Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Parks Township in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Parks Township, PA
How long does it take to sell a home in Parks Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 25 Days | -72.4% |
Summary: Homes in Parks Township had an average of 25 days on market in Nov 2024, down by 72.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parks Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Parks Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
