$1,247 Closing Credit*
$105,000
720 SqFt
1 Bed
•1 Full Bath
Shannon Madigan, Listing Office: Re/Max Select Realty
Is Ross 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, Ross Township has remained a Seller's Market.
Key Takeaway
Ross Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ross Township, PA
How much do homes in Ross Township, PA cost?
Median Sold Price
$279,750
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,750(+4.8%)
Key Takeaway
Homes in Ross Township have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Ross Township was $279,750 in November 2024, up 4.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.5K | $102K | -5.1% |
| 2 Bedrooms | $215K | $212.5K | -1.2% |
| 3 Bedrooms | $267.2K | $275K | +2.9% |
| 4 Bedrooms | $388.4K | $375.3K | -3.4% |
| 5+ Bedrooms | $461K | $482.5K | +4.7% |
Summary: Ross Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
| West View | $211K | $241K | +14.2% |
| Shaler Township | $255K | $284.5K | +11.6% |
| Ross Township | $267K | $279.7K | +4.8% |
| Bellevue | $225K | $225K | 0.0% |
Housing Supply in Ross Township, PA
How many homes are available in Ross Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 116 | 98 | -15.5% |
Summary: The Ross Township real estate market had 98 homes for sale in November 2024, a 15.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 62 | 51 | -17.7% |
| 4 Bedrooms | 25 | 23 | -8.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Ross Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 23 | -36.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ross Township, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Ross Township in November 2024, down by 36.1% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.
Days on Market for Ross Township, PA
How long does it take to sell a home in Ross Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 36 Days | +75.0% |
Summary: Homes in Ross Township had an average of 36 days on market in Nov 2024, up by 75% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ross Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Ross Township; 52% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
