Is Allison Park, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Allison Park has remained a Seller's Market.
Key Takeaway
Allison Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allison Park, PA
How much do homes in Allison Park, PA cost?
Median Sold Price
$348,666
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Allison Park have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Allison Park was $348,666 in April 2024, up 7.6% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $222K | $300K | +35.1% |
| 3 Bedrooms | $280K | $302K | +7.9% |
| 4 Bedrooms | $430K | $450K | +4.7% |
| 5+ Bedrooms | $695K | $536.7K | -22.8% |
Summary: Allison Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 22.8%.
Median Sold Price Compared To Nearby Cities
| Hampton Township | $342K | $370K | +8.2% |
| Allison Park | $323.9K | $348.6K | +7.6% |
| McCandless Township | $340.5K | $365K | +7.2% |
| Glenshaw | $270K | $285K | +5.6% |
| Gibsonia | $405.1K | $412K | +1.7% |
Housing Supply in Allison Park, PA
How many homes are available in Allison Park, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 66 | 79 | +19.7% |
Summary: The Allison Park real estate market had 79 homes for sale in April 2024, a 19.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 34 | 36 | +5.9% |
| 4 Bedrooms | 22 | 31 | +40.9% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Allison Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 26 | +44.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allison Park, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Allison Park in April 2024, up by 44.4% month-over-month. Of the 26 sold homes, 58% were sold under asking, 8% were sold at asking, and 35% were sold over asking.
Days on Market for Allison Park, PA
How long does it take to sell a home in Allison Park, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 50 Days | +42.8% |
Summary: Homes in Allison Park had an average of 50 days on market in Apr 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Allison Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 26 homes were sold in Allison Park; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
