$1,069 Closing Credit*
$90,000
1 Full Bath
Nichole Tonelli, Listing Office: Berkshire Hathaway The Preferred Realty
Is Slippery Rock, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Slippery Rock was a Seller's Market.
Key Takeaway
Slippery Rock 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 Slippery Rock, PA
How much do homes in Slippery Rock, PA cost?
Median Sold Price
$255,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+10.9%)
Key Takeaway
Homes in Slippery Rock have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Slippery Rock was $255,000 in October 2024, up 10.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $118K | N/A |
| 2 Bedrooms | $155K | $188K | +21.3% |
| 3 Bedrooms | $250K | $261K | +4.4% |
| 4 Bedrooms | $322.5K | $425K | +31.8% |
| 5+ Bedrooms | $285K | $495K | +73.7% |
Summary: Slippery Rock housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 73.7%.
Median Sold Price Compared To Nearby Cities
| Slippery Rock Township | $225K | $255K | +13.3% |
| Slippery Rock | $230K | $255K | +10.9% |
Housing Supply in Slippery Rock, PA
How many homes are available in Slippery Rock, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The Slippery Rock real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Slippery Rock housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Slippery Rock, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Slippery Rock in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Slippery Rock, PA
How long does it take to sell a home in Slippery Rock, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 64 Days | +23.1% |
Summary: Homes in Slippery Rock had an average of 64 days on market in Oct 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Slippery Rock has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Slippery Rock; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
