Is Rostraver Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Rostraver Township was a Neutral Market.
Housing Prices in Rostraver Township, PA
How much do homes in Rostraver Township, PA cost?
Median Sold Price
$245,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rostraver Township was $245,000 in May 2024, up 3.2% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $42.7K | - | N/A |
2 Bedrooms | $137.5K | $160K | +16.4% |
3 Bedrooms | $227.2K | $218K | -4.1% |
4 Bedrooms | $331K | $382.5K | +15.6% |
5+ Bedrooms | $405K | $430K | +6.2% |
Summary: Rostraver Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.4%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
Rostraver Township | $237.5K | $245K | +3.2% |
Donora | $56.9K | $56K | -1.7% |
Belle Vernon | $200K | $195K | -2.5% |
Housing Supply in Rostraver Township, PA
How many homes are available in Rostraver Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 47 | +27.0% |
Summary: The Rostraver Township real estate market had 47 homes for sale in May 2024, a 27.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Rostraver Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Rostraver Township in May 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Rostraver Township, PA
How long does it take to sell a home in Rostraver Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 43 Days | +88.3% |
Summary: Homes in Rostraver Township had an average of 43 days on market in May 2024, up by 88.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Rostraver Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.