Is Coraopolis, 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, Coraopolis has remained a Seller's Market.
Housing Prices in Coraopolis, PA
How much do homes in Coraopolis, PA cost?
Median Sold Price
$284,966
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Coraopolis was $284,966 in April 2024, up 38.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.2K | $88.6K | +5.2% |
2 Bedrooms | $127K | $170K | +33.9% |
3 Bedrooms | $212.5K | $276.7K | +30.2% |
4 Bedrooms | $370K | $418.7K | +13.2% |
5+ Bedrooms | $288K | $392.7K | +36.4% |
Summary: Coraopolis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 33.9%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 36.4%.
Median Sold Price Compared To Nearby Cities
Coraopolis | $205.4K | $284.9K | +38.7% |
Moon Township | $300K | $300.3K | 0.1% |
Housing Supply in Coraopolis, PA
How many homes are available in Coraopolis, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
116 | 122 | +5.2% |
Summary: The Coraopolis real estate market had 122 homes for sale in April 2024, a 5.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 20 | 23 | +15.0% |
3 Bedrooms | 65 | 61 | -6.2% |
4 Bedrooms | 25 | 32 | +28.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Coraopolis 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 15%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 28%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 27 | -12.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Coraopolis in April 2024, down by 12.9% month-over-month. Of the 27 sold homes, 30% were sold under asking, 30% were sold at asking, and 41% were sold over asking.
Days on Market for Coraopolis, PA
How long does it take to sell a home in Coraopolis, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 34 Days | -13.6% |
Summary: Homes in Coraopolis had an average of 34 days on market in Apr 2024, down by 13.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Coraopolis; 63% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.