Is White Oak, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Oak is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, White Oak has remained a Seller's Market.

Key Takeaway

White Oak is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Oak, PA

How much do homes in White Oak, PA cost?

Median Sold Price

$165,000

$116/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in White Oak has remained the same since last year.

Summary: The median home sold price in White Oak was $165,000 in October 2024, the same as last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $139.9K$117K
-16.4%
3 $163.2K$168K
+2.9%
4 $215K$209K
-2.8%
5+ $339.9K$260K
-23.5%

Summary: White Oak 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 16.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 23.5%.

Median Sold Price Compared To Nearby Cities

McKeesport
+20.3%
White Oak
0.0%
North Versailles Township
-2.2%
North Versailles
-2.4%

Housing Supply in White Oak, PA

How many homes are available in White Oak, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3032+6.7%

Summary: The White Oak real estate market had 32 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2123
+9.5%
4 33
0.0%
5+ 11
0.0%

Summary: The White Oak 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 remained the same, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Oak, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in White Oak in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for White Oak, PA

How long does it take to sell a home in White Oak, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days31 Days+49.2%

Summary: Homes in White Oak had an average of 31 days on market in Oct 2024, up by 49.2% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in White Oak; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in White Oak, PA

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