Is Sharpsville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharpsville is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sharpsville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sharpsville, PA

How much do homes in Sharpsville, PA cost?

Median Sold Price

$149,900

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,100(-14.3%)

Key Takeaway

Homes in Sharpsville have sold for 14.3% less than they did a year ago.

Summary: The median home sold price in Sharpsville was $149,900 in November 2024, down 14.3% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $130K$115K
-11.5%
3 $183K$186K
+1.6%
4 $167.5K$165K
-1.5%
5+ $218.7K$330K
+50.9%

Summary: Sharpsville 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 decreased by 11.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 50.9%.

Median Sold Price Compared To Nearby Cities

Hermitage
+19.5%
Sharpsville
-14.3%

Housing Supply in Sharpsville, PA

How many homes are available in Sharpsville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2721-22.2%

Summary: The Sharpsville real estate market had 21 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1613
-18.8%
4 42
-50.0%
5+ 11
0.0%

Summary: The Sharpsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharpsville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Sharpsville in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Sharpsville, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days35 Days+18.0%

Summary: Homes in Sharpsville had an average of 35 days on market in Nov 2024, up by 18% compared to last year.

Breakdown of Home Sale Times

2 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

Avg time on Rocket Homes in Sharpsville has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Sharpsville; 40% of homes were sold within 30 days, 60% 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 2 Days Ago

Newest Listings in Sharpsville, PA

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