$3,088 Closing Credit*
$260,000
1,477 SqFt
2 Beds
•2 Full Baths
Liz Fecko, Listing Office: Compass Pennsylvania, Llc
Is Sewickley, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Sewickley has remained a Seller's Market.
Key Takeaway
Sewickley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sewickley, PA
How much do homes in Sewickley, PA cost?
Median Sold Price
$506,666
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$54,166(+12.0%)
Key Takeaway
Homes in Sewickley have sold for 12% more than they did a year ago.
Summary: The median home sold price in Sewickley was $506,666 in September 2024, up 12% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.5K | $112.5K | +2.7% |
| 2 Bedrooms | $239.5K | $265K | +10.6% |
| 3 Bedrooms | $375K | $370K | -1.3% |
| 4 Bedrooms | $600K | $662K | +10.3% |
| 5+ Bedrooms | $945K | $1.0M | +11.4% |
Summary: Sewickley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 10.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Cities
| Aleppo Township | $275K | $320K | +16.4% |
| Sewickley | $452.5K | $506.6K | +12.0% |
| Edgeworth | $896K | $820K | -8.5% |
Housing Supply in Sewickley, PA
How many homes are available in Sewickley, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 100 | 106 | +6.0% |
Summary: The Sewickley real estate market had 106 homes for sale in September 2024, a 6.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 32 | 33 | +3.1% |
| 4 Bedrooms | 28 | 33 | +17.9% |
| 5+ Bedrooms | 23 | 22 | -4.3% |
Summary: The Sewickley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sewickley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Sewickley in September 2024, down by 13.0% month-over-month. Of the 20 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 51 Days | 42 Days | -18.2% |
Summary: Homes in Sewickley had an average of 42 days on market in Sep 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sewickley has remained consistent over time.
Summary: During September 2024, 20 homes were sold in Sewickley; 40% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
