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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shaler Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Shaler Township has remained a Seller's Market.

Key Takeaway

Shaler Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shaler Township, PA

How much do homes in Shaler Township, PA cost?

Median Sold Price

$284,583

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,583(+11.6%)

Key Takeaway

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

Summary: The median home sold price in Shaler Township was $284,583 in November 2024, up 11.6% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $79K$145.5K
+84.2%
2 $175K$208.3K
+19.0%
3 $260K$280K
+7.7%
4 $322.5K$330K
+2.3%
5+ $315K$392.5K
+24.6%

Summary: Shaler Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.2%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 24.6%.

Median Sold Price Compared To Nearby Cities

Millvale
+19.3%
Glenshaw
+12.4%
Shaler Township
+11.6%
Sharpsburg
+8.2%
Etna
-3.9%

Housing Supply in Shaler Township, PA

How many homes are available in Shaler Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10796-10.3%

Summary: The Shaler Township real estate market had 96 homes for sale in November 2024, a 10.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1411
-21.4%
3 6360
-4.8%
4 2421
-12.5%
5+ 54
-20.0%

Summary: The Shaler Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2524-4.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shaler Township, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Shaler Township in November 2024, down by 4.0% month-over-month. Of the 24 sold homes, 29% were sold under asking, 25% were sold at asking, and 46% were sold over asking.

Days on Market for Shaler Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days15 Days-33.6%

Summary: Homes in Shaler Township had an average of 15 days on market in Nov 2024, down by 33.6% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 24 homes were sold in Shaler Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Shaler Township, PA

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