$6,472 Closing Credit*
$545,000
5 Beds
•3 Full Baths
Maureen States, Listing Office: Neighborhood Realty Services
Is Swissvale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Swissvale was a Seller's Market.
Key Takeaway
Swissvale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Swissvale, PA
How much do homes in Swissvale, PA cost?
Median Sold Price
$175,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+6.1%)
Key Takeaway
Homes in Swissvale have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Swissvale was $175,000 in October 2024, up 6.1% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82.5K | $189K | +129.1% |
| 2 Bedrooms | $122.5K | $128K | +4.5% |
| 3 Bedrooms | $175K | $182.5K | +4.3% |
| 4 Bedrooms | $250K | $252K | +0.8% |
| 5+ Bedrooms | $225K | $230.2K | +2.3% |
Summary: Swissvale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 129.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Swissvale | $165K | $175K | +6.1% |
| Edgewood | $334K | $347.4K | +4.0% |
| Wilkinsburg | $135K | $127.5K | -5.6% |
Housing Supply in Swissvale, PA
How many homes are available in Swissvale, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 44 | -6.4% |
Summary: The Swissvale real estate market had 44 homes for sale in October 2024, a 6.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Swissvale 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 decreased by 11.1%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 2 | -77.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swissvale, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Swissvale in October 2024, down by 77.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Swissvale, PA
How long does it take to sell a home in Swissvale, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 93 Days | 76 Days | -17.8% |
Summary: Homes in Swissvale had an average of 76 days on market in Oct 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Swissvale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Swissvale; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
