$10,000 Closing Credit*
$875,000
4,562 SqFt
5 Beds
•4 Full Baths, 1 Partial
Darla Stevick, Listing Office: Coldwell Banker Realty
Is Peters Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Peters Township was a Seller's Market.
Key Takeaway
Peters Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Peters Township, PA
How much do homes in Peters Township, PA cost?
Median Sold Price
$500,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+8.7%)
Key Takeaway
Homes in Peters Township have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Peters Township was $500,000 in October 2024, up 8.7% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $268.6K | $282.5K | +5.2% |
| 3 Bedrooms | $349K | $379.3K | +8.7% |
| 4 Bedrooms | $525.5K | $541K | +2.9% |
| 5+ Bedrooms | $757K | $780K | +3.0% |
Summary: Peters Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
| Venetia | $525K | $585K | +11.4% |
| Lawrence | $257.4K | $281.7K | +9.4% |
| Peters Township | $460K | $500K | +8.7% |
| Nottingham Township | $400K | $417K | +4.3% |
| North Strabane Township | $346K | $340K | -1.7% |
Housing Supply in Peters Township, PA
How many homes are available in Peters Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 100 | +20.5% |
Summary: The Peters Township real estate market had 100 homes for sale in October 2024, a 20.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 26 | 43 | +65.4% |
| 5+ Bedrooms | 24 | 24 | 0.0% |
Summary: The Peters Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 65.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Peters Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Peters Township in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Peters Township, PA
How long does it take to sell a home in Peters Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +50.5% |
Summary: Homes in Peters Township had an average of 29 days on market in Oct 2024, up by 50.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Peters Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Peters Township; 53% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
