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 neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Springdale Township 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 Springdale Township, PA

How much do homes in Springdale Township, PA cost?

Median Sold Price

$169,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,000(+12.7%)

Key Takeaway

Homes in Springdale Township have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in Springdale Township was $169,000 in November 2024, up 12.7% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $130K-
N/A
2 $140.5K$155K
+10.3%
3 $159.5K$185K
+16.0%
4 $177.5K$206K
+16.1%
5+ --
N/A

Summary: Springdale 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 10.3%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cheswick
+15.5%
Springdale Township
+12.7%
Springdale
+6.7%

Housing Supply in Springdale Township, PA

How many homes are available in Springdale Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The Springdale Township real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 108
-20.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Springdale 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 decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was 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 may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Springdale Township in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
71 Days25 Days-64.9%

Summary: Homes in Springdale Township had an average of 25 days on market in Nov 2024, down by 64.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was 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 November 2024, 2 homes were sold in Springdale Township; 50% of homes were sold within 30 days, 50% 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 2 Days Ago

Newest Listings in Springdale Township, PA

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What housing markets are near Springdale Township, PA?