Is Carnegie, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Carnegie has remained a Seller's Market.
Housing Prices in Carnegie, PA
How much do homes in Carnegie, PA cost?
Median Sold Price
$212,500
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Carnegie was $212,500 in May 2024, up 5.4% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $68K | $45K | -33.8% |
2 Bedrooms | $163K | $149.5K | -8.3% |
3 Bedrooms | $235K | $234.5K | -0.2% |
4 Bedrooms | $242.7K | $215K | -11.4% |
5+ Bedrooms | $382.5K | $273K | -28.6% |
Summary: Carnegie housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.8%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 28.6%.
Median Sold Price Compared To Nearby Cities
Scott Township | $209.2K | $242K | +15.7% |
Robinson Township | $259.9K | $297.5K | +14.5% |
Carnegie | $201.6K | $212.5K | +5.4% |
Housing Supply in Carnegie, PA
How many homes are available in Carnegie, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 66 | +34.7% |
Summary: The Carnegie real estate market had 66 homes for sale in May 2024, a 34.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 28 | 36 | +28.6% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Carnegie housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 15 | +87.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Carnegie in May 2024, up by 87.5% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for Carnegie, PA
How long does it take to sell a home in Carnegie, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 37 Days | +7.5% |
Summary: Homes in Carnegie had an average of 37 days on market in May 2024, up by 7.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Carnegie; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.