$2,375 Closing Credit*
$200,000
4 Beds
•2 Full Baths
Roxanne Humes, Listing Office: Coldwell Banker Realty
Is Trafford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Trafford has remained a Seller's Market.
Key Takeaway
Trafford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trafford, PA
How much do homes in Trafford, PA cost?
Median Sold Price
$192,750
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,750(+4.2%)
Key Takeaway
Homes in Trafford have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Trafford was $192,750 in November 2024, up 4.2% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $125K | $176K | +40.8% |
| 3 Bedrooms | $205K | $210K | +2.4% |
| 4 Bedrooms | $253.7K | $330.5K | +30.3% |
| 5+ Bedrooms | $196K | $169.7K | -13.4% |
Summary: Trafford 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 40.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
| North Huntingdon Township | $225K | $246.2K | +9.4% |
| Monroeville | $220K | $235K | +6.8% |
| Trafford | $185K | $192.7K | +4.2% |
| North Versailles Township | $138.3K | $135K | -2.4% |
| North Versailles | $140K | $135K | -3.6% |
Housing Supply in Trafford, PA
How many homes are available in Trafford, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Trafford real estate market had 25 homes for sale in November 2024, a 4.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Trafford 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trafford, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Trafford in November 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Trafford, PA
How long does it take to sell a home in Trafford, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 35 Days | -9.4% |
Summary: Homes in Trafford had an average of 35 days on market in Nov 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Trafford are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Trafford; 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.
