$1,507 Closing Credit*
$126,900
4 Beds
•1 Full Bath
Joyce Baldarelli, Listing Office: Berkshire Hathaway The Preferred Realty
Is Sharon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sharon was a Neutral Market.
Key Takeaway
Sharon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sharon, PA
How much do homes in Sharon, PA cost?
Median Sold Price
$77,253
$58/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,253(+7.3%)
Key Takeaway
Homes in Sharon have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Sharon was $77,253 in November 2024, up 7.3% from last year, and the median price per square foot was $58.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $128.7K | N/A |
| 2 Bedrooms | $60K | $64K | +6.7% |
| 3 Bedrooms | $72.5K | $75.6K | +4.3% |
| 4 Bedrooms | $67.5K | $128K | +89.6% |
| 5+ Bedrooms | $217K | $165K | -24.0% |
Summary: Sharon 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 6.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 89.6%, and 5+ bedroom homes decreased by 24%.
Median Sold Price Compared To Nearby Cities
| Masury | $70K | $119K | +70.0% |
| Brookfield Township | $94K | $140K | +48.9% |
| Hermitage | $179.9K | $215K | +19.5% |
| Sharon | $72K | $77.2K | +7.3% |
| Farrell | $65K | $69.5K | +6.9% |
Housing Supply in Sharon, PA
How many homes are available in Sharon, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 78 | +9.9% |
Summary: The Sharon real estate market had 78 homes for sale in November 2024, a 9.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 45 | 51 | +13.3% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Sharon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sharon, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Sharon in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.
Days on Market for Sharon, PA
How long does it take to sell a home in Sharon, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 81 Days | +248.3% |
Summary: Homes in Sharon had an average of 81 days on market in Nov 2024, up by 248.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sharon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Sharon; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
