$1,722 Closing Credit*
$145,000
1,120 SqFt
2 Beds
•2 Full Baths
Berni Bishop-Pirollo, Listing Office: Berkshire Hathaway The Preferred Realty
Is Swissvale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Swissvale was a Seller's Market.
Key Takeaway
Swissvale 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 Swissvale, PA
How much do homes in Swissvale, PA cost?
Median Sold Price
$164,950
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$50(0%)
Key Takeaway
The sold price of homes in Swissvale has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82.5K | $189K | +129.1% |
| 2 Bedrooms | $120K | $128K | +6.7% |
| 3 Bedrooms | $175K | $182.5K | +4.3% |
| 4 Bedrooms | $250K | $230K | -8.0% |
| 5+ Bedrooms | $227.5K | $230.2K | +1.2% |
Summary: Swissvale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 129.1%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Edgewood | $335K | $336.2K | 0.4% |
| Swissvale | $165K | $164.9K | 0% |
| Wilkinsburg | $135K | $130.9K | -3.0% |
Housing Supply in Swissvale, PA
How many homes are available in Swissvale, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 51 | +8.5% |
Summary: The Swissvale real estate market had 51 homes for sale in November 2024, a 8.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Swissvale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was 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. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Swissvale in November 2024, up by 166.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 108 Days | 53 Days | -51.2% |
Summary: Homes in Swissvale had an average of 53 days on market in Nov 2024, down by 51.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Swissvale has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Swissvale; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
