Is Kennedy Township, 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, Kennedy Township has remained a Seller's Market.
Housing Prices in Kennedy Township, PA
How much do homes in Kennedy Township, PA cost?
Median Sold Price
$260,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kennedy Township was $260,000 in April 2024, down 1.9% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $125K | N/A |
2 Bedrooms | $165K | $218K | +32.1% |
3 Bedrooms | $267K | $260.7K | -2.3% |
4 Bedrooms | $332.5K | $417K | +25.4% |
5+ Bedrooms | $290K | - | N/A |
Summary: Kennedy Township 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 32.1%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Robinson Township | $259.9K | $300.2K | +15.5% |
Mc Kees Rocks | $155K | $175.7K | +13.4% |
Stowe Township | $101.5K | $109K | +7.4% |
Kennedy Township | $265K | $260K | -1.9% |
McKees Rocks | $69K | $63K | -8.7% |
Housing Supply in Kennedy Township, PA
How many homes are available in Kennedy Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 26 | +73.3% |
Summary: The Kennedy Township real estate market had 26 homes for sale in April 2024, a 73.3% 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 | 4 | 6 | +50.0% |
3 Bedrooms | 10 | 16 | +60.0% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kennedy Township 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 50%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Kennedy Township in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Kennedy Township, PA
How long does it take to sell a home in Kennedy Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 45 Days | -32.8% |
Summary: Homes in Kennedy Township had an average of 45 days on market in Apr 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Kennedy Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.