Is West Middlesex, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Middlesex is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, West Middlesex was a Seller's Market.

Key Takeaway

West Middlesex is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Middlesex, PA

How much do homes in West Middlesex, PA cost?

Median Sold Price

$185,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+12.1%)

Key Takeaway

Homes in West Middlesex have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in West Middlesex was $185,000 in November 2024, up 12.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$176.2K
N/A
2 $132.5K$170K
+28.3%
3 $164.9K$190K
+15.2%
4 $241.5K$262.5K
+8.7%
5+ $272.6K$242K
-11.2%

Summary: West Middlesex 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 28.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 11.2%.

Median Sold Price Compared To Nearby Cities

Shenango Township
+19.9%
West Middlesex
+12.1%

Housing Supply in West Middlesex, PA

How many homes are available in West Middlesex, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The West Middlesex real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 44
0.0%
5+ 00
0.0%

Summary: The West Middlesex 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Middlesex, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in West Middlesex in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Middlesex, PA

How long does it take to sell a home in West Middlesex, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days24 Days-63.1%

Summary: Homes in West Middlesex had an average of 24 days on market in Nov 2024, down by 63.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in West Middlesex; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in West Middlesex, PA

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