Is Sewickley Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sewickley Township is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Sewickley Township 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 Township, PA

How much do homes in Sewickley Township, PA cost?

Median Sold Price

$446,500

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,500(+11.6%)

Key Takeaway

Homes in Sewickley Township have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Sewickley Township was $446,500 in November 2024, up 11.6% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100K$152.4K
+52.4%
2 $235K$273K
+16.2%
3 $357.7K$350K
-2.2%
4 $580K$632.2K
+9.0%
5+ $1.0M$1.0M
+7.6%

Summary: Sewickley Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.4%, 2 bedroom homes increased by 16.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 7.6%.

Housing Supply in Sewickley Township, PA

How many homes are available in Sewickley Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107109+1.9%

Summary: The Sewickley Township real estate market had 109 homes for sale in November 2024, a 1.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 2019
-5.0%
3 3535
0.0%
4 3135
+12.9%
5+ 1917
-10.5%

Summary: The Sewickley Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2217-22.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sewickley Township, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Sewickley Township in November 2024, down by 22.7% month-over-month. Of the 17 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for Sewickley Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days71 Days+176.0%

Summary: Homes in Sewickley Township had an average of 71 days on market in Nov 2024, up by 176% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sewickley Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in Sewickley Township; 53% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 29% 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 Sewickley Township, PA

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