Is Slippery Rock, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Slippery Rock was a Buyer's Market.
Key Takeaway
Slippery Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Slippery Rock, PA
How much do homes in Slippery Rock, PA cost?
Median Sold Price
$300,450
$136/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Slippery Rock have sold for 19.3% less than they did a month ago.
Summary: The median home sold price in Slippery Rock was $300,450 in April 2024, down 19.3% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $320K | $300.4K | -6.1% |
| 4 Bedrooms | $533K | $325K | -39.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Slippery Rock 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 decreased by 6.1%, 4 bedroom homes decreased by 39%, and 5+ bedroom homes did not change.
Housing Supply in Slippery Rock, PA
How many homes are available in Slippery Rock, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The Slippery Rock real estate market had 31 homes for sale in April 2024, a 6.9% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Slippery Rock 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Slippery Rock, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Slippery Rock in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for Slippery Rock, PA
How long does it take to sell a home in Slippery Rock, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 83 Days | 77 Days | -7.1% |
Summary: Homes in Slippery Rock had an average of 77 days on market in Apr 2024, down by 7.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Slippery Rock are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Slippery Rock; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.