Is Springdale Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springdale Township is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Springdale Township was a Seller's Market.

Key Takeaway

Springdale Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Springdale Township, PA

How much do homes in Springdale Township, PA cost?

Median Sold Price

$165,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,000(+7.8%)

Key Takeaway

Homes in Springdale Township have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Springdale Township was $165,000 in December 2024, up 7.8% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $130K-
N/A
2 $140.5K$155K
+10.3%
3 $162K$185K
+14.2%
4 $185K$253K
+36.8%
5+ --
N/A

Summary: Springdale Township 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 10.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cheswick
+15.0%
Springdale Township
+7.8%
Springdale
+5.6%

Housing Supply in Springdale Township, PA

How many homes are available in Springdale Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1316+23.1%

Summary: The Springdale Township real estate market had 16 homes for sale in December 2024, a 23.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 810
+25.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Springdale Township 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 increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springdale Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Springdale Township in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Springdale Township, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
64 Days3 Days-95.4%

Summary: Homes in Springdale Township had an average of 3 days on market in Dec 2024, down by 95.4% 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 Springdale Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Springdale Township; 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 4 Days Ago

Newest Listings in Springdale Township, PA

Nearby Markets to Springdale Township, PA

What housing markets are near Springdale Township, PA?