$7,066 Closing Credit*
$595,000
4 Beds
•1 Full Bath, 1 Partial
Anthony Staph Jr, Listing Office: Castle Realty
Is Shenango Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Shenango Township has remained a Seller's Market.
Key Takeaway
Shenango Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shenango Township, PA
How much do homes in Shenango Township, PA cost?
Median Sold Price
$176,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,000(-4.9%)
Key Takeaway
Homes in Shenango Township have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Shenango Township was $176,000 in November 2024, down 4.9% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $168K | +8.4% |
| 3 Bedrooms | $180.7K | $175.5K | -2.9% |
| 4 Bedrooms | $275K | $185K | -32.7% |
| 5+ Bedrooms | - | $190K | N/A |
Summary: Shenango Township 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 8.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 32.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Castle | $125K | $139.6K | +11.7% |
| Slippery Rock Township | $250K | $257K | +2.8% |
| Shenango Township | $185K | $176K | -4.9% |
| Hickory Township | $250K | $212.5K | -15.0% |
Housing Supply in Shenango Township, PA
How many homes are available in Shenango Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Shenango Township real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shenango Township 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 remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shenango Township, 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 Shenango Township in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Shenango Township, PA
How long does it take to sell a home in Shenango Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 16 Days | -65.1% |
Summary: Homes in Shenango Township had an average of 16 days on market in Nov 2024, down by 65.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shenango Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Shenango Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
