Is Stowe Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Stowe Township has remained a Seller's Market.
Housing Prices in Stowe Township, PA
How much do homes in Stowe Township, PA cost?
Median Sold Price
$118,500
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stowe Township was $118,500 in May 2024, up 18.5% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $54.9K | N/A |
2 Bedrooms | $69.7K | $75K | +7.5% |
3 Bedrooms | $101K | $130K | +28.7% |
4 Bedrooms | $125K | $115K | -8.0% |
5+ Bedrooms | $112.4K | $76.5K | -32.0% |
Summary: Stowe Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 28.7%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Cities
Mc Kees Rocks | $154.9K | $185K | +19.4% |
Stowe Township | $100K | $118.5K | +18.5% |
Bellevue | $210K | $230K | +9.5% |
Avalon | $175K | $190K | +8.6% |
McKees Rocks | $65K | $67K | +3.1% |
Housing Supply in Stowe Township, PA
How many homes are available in Stowe Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 26 | +18.2% |
Summary: The Stowe Township real estate market had 26 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Stowe Township housing inventory by bedroom type for May 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 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Stowe Township in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Stowe Township, PA
How long does it take to sell a home in Stowe Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 58 Days | +27.0% |
Summary: Homes in Stowe Township had an average of 58 days on market in May 2024, up by 27% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Stowe Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.