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 October 2023

At the same time last year, Spring Hill-City View was a Seller's 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

$68/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$75,000(-48.4%)

Key Takeaway

Homes in Spring Hill-City View have sold for 48.4% less than they did a year ago.

Summary: The median home sold price in Spring Hill-City View was $80,000 in October 2024, down 48.4% from last year, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $44.2K$75K
+69.5%
3 $162.5K$135K
-16.9%
4 $264.4K$80K
-69.8%
5+ -$65K
N/A

Summary: Spring Hill-City View 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 69.5%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes decreased by 69.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North Side
+11.1%
East Allegheny
+4.1%
Spring Hill-City View
-48.4%

Housing Supply in Spring Hill-City View, PA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The Spring Hill-City View real estate market had 14 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 88
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Spring Hill-City View 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 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

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Spring Hill-City View in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Oct 2023Oct 2024CHANGE
30 Days109 Days+259.3%

Summary: Homes in Spring Hill-City View had an average of 109 days on market in Oct 2024, up by 259.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Spring Hill-City View are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Spring Hill-City View; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

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