Is South Connellsville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, South Connellsville has remained a Seller's Market.
Key Takeaway
South Connellsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Connellsville, PA
How much do homes in South Connellsville, PA cost?
Median Sold Price
$151,400
$134/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in South Connellsville have sold for 18.2% less than they did a month ago.
Summary: The median home sold price in South Connellsville was $151,400 in April 2024, down 18.2% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $160K | N/A |
| 3 Bedrooms | $115K | $142.8K | +24.2% |
| 4 Bedrooms | $185K | - | N/A |
| 5+ Bedrooms | $295K | - | N/A |
Summary: South Connellsville 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 24.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dunbar Township | $154.2K | $185K | +20.0% |
| South Connellsville | $185K | $151.4K | -18.2% |
Housing Supply in South Connellsville, PA
How many homes are available in South Connellsville, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The South Connellsville real estate market had 10 homes for sale in April 2024, a 23.1% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The South Connellsville 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 decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Connellsville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in South Connellsville in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Connellsville, PA
How long does it take to sell a home in South Connellsville, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 212 Days | 27 Days | -87.0% |
Summary: Homes in South Connellsville had an average of 27 days on market in Apr 2024, down by 87% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Connellsville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in South Connellsville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
