Is Unity Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Unity Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Unity 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 Unity Township, PA

How much do homes in Unity Township, PA cost?

Median Sold Price

$314,250

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,250(+6.5%)

Key Takeaway

Homes in Unity Township have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Unity Township was $314,250 in October 2024, up 6.5% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$92.5K
N/A
2 $175K$170K
-2.9%
3 $260K$258K
-0.8%
4 $367.8K$420K
+14.2%
5+ $560K$595K
+6.3%

Summary: Unity Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Cities

Unity Township
+6.5%
Latrobe
+3.6%

Housing Supply in Unity Township, PA

How many homes are available in Unity Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5661+8.9%

Summary: The Unity Township real estate market had 61 homes for sale in October 2024, a 8.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 34
+33.3%
3 2528
+12.0%
4 2122
+4.8%
5+ 76
-14.3%

Summary: The Unity Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Unity Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Unity Township in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Unity Township, PA

How long does it take to sell a home in Unity Township, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days20 Days-35.0%

Summary: Homes in Unity Township had an average of 20 days on market in Oct 2024, down by 35% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Unity Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Unity Township; 78% of homes were sold within 30 days, 22% 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 16 Days Ago

Newest Listings in Unity Township, PA

Nearby Markets to Unity Township, PA

What housing markets are near Unity Township, PA?