Is Sharpsville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sharpsville was a Seller's Market.
Key Takeaway
Sharpsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sharpsville, PA
How much do homes in Sharpsville, PA cost?
Median Sold Price
$153,250
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sharpsville have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Sharpsville was $153,250 in April 2024, up 0.8% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $61.5K | $116.7K | +89.8% |
| 3 Bedrooms | $151K | $151.5K | 0.3% |
| 4 Bedrooms | $169K | $160K | -5.3% |
| 5+ Bedrooms | $362.9K | $218.7K | -39.7% |
Summary: Sharpsville 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 89.8%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 39.7%.
Median Sold Price Compared To Nearby Cities
| Hermitage | $178.5K | $190K | +6.4% |
| Sharpsville | $152K | $153.2K | +0.8% |
| South Pymatuning Township | $188.7K | $175K | -7.3% |
Housing Supply in Sharpsville, PA
How many homes are available in Sharpsville, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Sharpsville real estate market had 21 homes for sale in April 2024, a 10.5% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sharpsville 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 decreased by 33.3%, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sharpsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Sharpsville in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sharpsville, PA
How long does it take to sell a home in Sharpsville, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 119 Days | 13 Days | -89.1% |
Summary: Homes in Sharpsville had an average of 13 days on market in Apr 2024, down by 89.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sharpsville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Sharpsville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
