Is Spring Hill-City View, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Hill-City View is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Spring Hill-City View was a Neutral Market.

Key Takeaway

Spring Hill-City View is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Spring Hill-City View, PA

How much do homes in Spring Hill-City View, PA cost?

Median Sold Price

$80,000

$60/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$73,500(-47.9%)

Key Takeaway

Homes in Spring Hill-City View have sold for 47.9% less than they did a year ago.

Summary: The median home sold price in Spring Hill-City View was $80,000 in December 2024, down 47.9% from last year, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $44.2K$75K
+69.5%
3 $158.7K$155K
-2.4%
4 $264.4K$74K
-72.0%
5+ -$65K
N/A

Summary: Spring Hill-City View housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 69.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 72%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North Side
+17.6%
East Allegheny
+9.5%
Spring Hill-City View
-47.9%

Housing Supply in Spring Hill-City View, PA

How many homes are available in Spring Hill-City View, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
15150.0%

Summary: The Spring Hill-City View real estate market had 15 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 66
0.0%
3 77
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Spring Hill-City View housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spring Hill-City View, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Spring Hill-City View in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Spring Hill-City View, PA

How long does it take to sell a home in Spring Hill-City View, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
63 Days8 Days-87.4%

Summary: Homes in Spring Hill-City View had an average of 8 days on market in Dec 2024, down by 87.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Spring Hill-City View are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Spring Hill-City View; 100% of homes were sold within 30 days, 0% 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 8 Days Ago

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