$1,900 Closing Credit*
$160,000
1,163 SqFt
3 Beds
•1 Full Bath
Jim Dolanch, Listing Office: Century 21 Frontier Realty
Is Plum, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Plum has remained a Seller's Market.
Key Takeaway
Plum is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plum, PA
How much do homes in Plum, PA cost?
Median Sold Price
$249,950
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,050(+4.2%)
Key Takeaway
Homes in Plum have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Plum was $249,950 in October 2024, up 4.2% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $89K | +18.7% |
| 2 Bedrooms | $148.2K | $148K | -0.2% |
| 3 Bedrooms | $229.5K | $245K | +6.8% |
| 4 Bedrooms | $330K | $332.4K | +0.7% |
| 5+ Bedrooms | $321.2K | $405K | +26.1% |
Summary: Plum housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.7%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 26.1%.
Median Sold Price Compared To Nearby Cities
| Cheswick | $220K | $254K | +15.5% |
| Springdale Township | $150K | $160K | +6.7% |
| Springdale | $151.5K | $160K | +5.6% |
| Penn Hills Township | $165K | $172.8K | +4.8% |
| Plum | $239.9K | $249.9K | +4.2% |
Housing Supply in Plum, PA
How many homes are available in Plum, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 89 | +1.1% |
Summary: The Plum real estate market had 89 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 56 | 57 | +1.8% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Plum housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plum, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Plum in October 2024, up by 11.1% month-over-month. Of the 20 sold homes, 65% were sold under asking, 5% were sold at asking, and 30% were sold over asking.
Days on Market for Plum, PA
How long does it take to sell a home in Plum, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 37 Days | +3.3% |
Summary: Homes in Plum had an average of 37 days on market in Oct 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plum are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Plum; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
