Is Shenango Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shenango Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Shenango Township was a Buyer's Market.

Key Takeaway

Shenango Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shenango Township, PA

How much do homes in Shenango Township, PA cost?

Median Sold Price

$362,500

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$57,500(+18.9%)

Key Takeaway

Homes in Shenango Township have sold for 18.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $305K$362.5K
+18.9%
4 --
N/A
5+ --
N/A

Summary: Shenango Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 18.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pulaski
+93.8%
Shenango Township
+18.9%

Housing Supply in Shenango Township, PA

How many homes are available in Shenango Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
89+12.5%

Summary: The Shenango Township real estate market had 9 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Shenango 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shenango Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Shenango Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Shenango Township, PA

How long does it take to sell a home in Shenango Township, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
32 Days46 Days+45.3%

Summary: Homes in Shenango Township had an average of 46 days on market in Apr 2024, up by 45.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shenango Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Shenango Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Shenango Township, PA

Nearby Markets to Shenango Township, PA

What housing markets are near Shenango Township, PA?