Is Slippery Rock Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Slippery Rock Township was a Seller's Market.
Housing Prices in Slippery Rock Township, PA
How much do homes in Slippery Rock Township, PA cost?
Median Sold Price
$250,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Slippery Rock Township was $250,000 in May 2024, up 15.2% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37.5K | $121K | +222.7% |
2 Bedrooms | $155K | $224.5K | +44.8% |
3 Bedrooms | $235.9K | $255K | +8.1% |
4 Bedrooms | $334.1K | $427.5K | +28.0% |
5+ Bedrooms | $200K | $620K | +210.0% |
Summary: Slippery Rock Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 222.7%, 2 bedroom homes increased by 44.8%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 210%.
Median Sold Price Compared To Nearby Cities
Slippery Rock Township | $217K | $250K | +15.2% |
Slippery Rock | $217.5K | $250K | +14.9% |
Housing Supply in Slippery Rock Township, PA
How many homes are available in Slippery Rock Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 30 | +7.1% |
Summary: The Slippery Rock Township real estate market had 30 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Slippery Rock Township housing inventory by bedroom type for May 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 14.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Slippery Rock Township in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Slippery Rock Township, PA
How long does it take to sell a home in Slippery Rock Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 33 Days | -19.0% |
Summary: Homes in Slippery Rock Township had an average of 33 days on market in May 2024, down by 19% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Slippery Rock Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.