$3,503 Closing Credit*
$295,000
1,531 SqFt
3 Beds
•2 Full Baths
Stephanie Fresh, Listing Office: Berkshire Hathaway The Preferred Realty
Is Sewickley, 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, Sewickley was a Seller's Market.
Key Takeaway
Sewickley 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 Sewickley, PA
How much do homes in Sewickley, PA cost?
Median Sold Price
$498,666
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$54,416(+12.2%)
Key Takeaway
Homes in Sewickley have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Sewickley was $498,666 in October 2024, up 12.2% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $150K | +50.0% |
| 2 Bedrooms | $237.2K | $265K | +11.7% |
| 3 Bedrooms | $375K | $364.9K | -2.7% |
| 4 Bedrooms | $610K | $641.1K | +5.1% |
| 5+ Bedrooms | $1.0M | $1.0M | 0.3% |
Summary: Sewickley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 11.7%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Aleppo Township | $260K | $320K | +23.1% |
| Sewickley | $444.2K | $498.6K | +12.2% |
Housing Supply in Sewickley, PA
How many homes are available in Sewickley, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 | 102 | +4.1% |
Summary: The Sewickley real estate market had 102 homes for sale in October 2024, a 4.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 34 | 31 | -8.8% |
| 4 Bedrooms | 27 | 33 | +22.2% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Sewickley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sewickley, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Sewickley in October 2024, down by 19.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for Sewickley, PA
How long does it take to sell a home in Sewickley, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 24 Days | -52.1% |
Summary: Homes in Sewickley had an average of 24 days on market in Oct 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sewickley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Sewickley; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
