Is Scottdale, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scottdale is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Scottdale was a Seller's Market.

Key Takeaway

Scottdale 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 Scottdale, PA

How much do homes in Scottdale, PA cost?

Median Sold Price

$170,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,100(+6.3%)

Key Takeaway

Homes in Scottdale have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Scottdale was $170,000 in November 2024, up 6.3% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$130K
N/A
2 $95.9K$136.5K
+42.3%
3 $165K$173K
+4.8%
4 $220K$230.5K
+4.8%
5+ -$255K
N/A

Summary: Scottdale 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 42.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Scottdale
+6.3%
East Huntingdon Township
-0.8%

Housing Supply in Scottdale, PA

How many homes are available in Scottdale, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2024+20.0%

Summary: The Scottdale real estate market had 24 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1417
+21.4%
4 34
+33.3%
5+ 00
0.0%

Summary: The Scottdale 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scottdale, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Scottdale in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Scottdale, PA

How long does it take to sell a home in Scottdale, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days55 Days-4.7%

Summary: Homes in Scottdale had an average of 55 days on market in Nov 2024, down by 4.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Scottdale has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Scottdale; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Scottdale, PA

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