$5,047 Closing Credit*
$425,000
1,862 SqFt
3 Beds
•2 Full Baths, 1 Partial
Danitza Nicklow, Listing Office: Berkshire Hathaway The Preferred 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 November 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
$514,950
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,116(+12.0%)
Key Takeaway
Homes in Peters Township have sold for 12% more than they did a year ago.
Summary: The median home sold price in Peters Township was $514,950 in November 2024, up 12% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $248K | $287.4K | +15.9% |
| 3 Bedrooms | $346.5K | $395K | +14.0% |
| 4 Bedrooms | $520K | $564.5K | +8.6% |
| 5+ Bedrooms | $777.5K | $806.2K | +3.7% |
Summary: Peters Township 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 increased by 15.9%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Lawrence | $257.4K | $290K | +12.6% |
| Peters Township | $459.8K | $514.9K | +12.0% |
| Venetia | $520K | $577.5K | +11.1% |
| Nottingham Township | $400K | $422.5K | +5.6% |
| North Strabane Township | $346.5K | $335K | -3.3% |
Housing Supply in Peters Township, PA
How many homes are available in Peters Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 95 | +2.2% |
Summary: The Peters Township real estate market had 95 homes for sale in November 2024, a 2.2% increase 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 | 1 | -66.7% |
| 3 Bedrooms | 25 | 28 | +12.0% |
| 4 Bedrooms | 40 | 41 | +2.5% |
| 5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The Peters 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 66.7%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Peters Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Peters Township in November 2024, down by 17.6% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 36 Days | +169.1% |
Summary: Homes in Peters Township had an average of 36 days on market in Nov 2024, up by 169.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 14 homes were sold in Peters Township; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
