Is White Oak, 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, White Oak has remained a Seller's Market.
Housing Prices in White Oak, PA
How much do homes in White Oak, PA cost?
Median Sold Price
$167,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in White Oak was $167,000 in May 2024, up 6.6% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $139.8K | $122K | -12.7% |
3 Bedrooms | $156K | $168K | +7.7% |
4 Bedrooms | $217.4K | $191K | -12.1% |
5+ Bedrooms | $240.7K | $260K | +8.0% |
Summary: White Oak housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
North Versailles Township | $126.5K | $138.4K | +9.4% |
White Oak | $156.6K | $167K | +6.6% |
North Versailles | $130.5K | $139K | +6.5% |
McKeesport | $109.9K | $104.7K | -4.8% |
Housing Supply in White Oak, PA
How many homes are available in White Oak, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 38 | -5.0% |
Summary: The White Oak real estate market had 38 homes for sale in May 2024, a 5.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 31 | 28 | -9.7% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The White Oak 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 increased by 25%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 8 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in White Oak in May 2024, down by 42.9% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for White Oak, PA
How long does it take to sell a home in White Oak, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 29 Days | +99.2% |
Summary: Homes in White Oak had an average of 29 days on market in May 2024, up by 99.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in White Oak; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.