Addison Township Housing Market Report December 2024Somerset County, Pennsylvania

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Housing Prices in Addison Township, PA

How much do homes in Addison Township, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$249,950$157/SqFt
+$49,950
+25.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Addison Township has increased by 25% since last year.

Summary: The median home list price in Addison Township was $249,950 in December 2024, up 25% from the previous year, and the median price per square foot was $157.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Addison Township
+25.0%
Confluence
-4.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1--
N/A
2$200K$287.4K
+43.7%
3$249.9K$244.9K
-2.0%
4$399.9K$357K
-10.7%
5$160K-
N/A

Summary: Addison Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +43.7%. The home price for 3 bedroom homes decreased by -2.0%. The home price for 4 bedroom homes decreased by -10.7%. The home price for 5 bedroom homes did not change.

Housing supply in Addison Township, PA

How many homes are available in Addison Township, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthDec 2024
32 months agoNov 2024
-66.7 %
Change MoMNov – Dec

Summary: The Addison Township real estate market had 1 homes for sale in Dec 2024, a 66.7 % decrease compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
210
-100.0%
321
-50.0%
400
0.0%
500
0.0%

Summary: Addison Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Addison Township, PA

How long does it take to sell a home in Addison Township, PA?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
107 DaysThis YearDec 2024
108 Days1 year agoDec 2023
-1.4 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Addison Township had an average listing age of 107 days in Dec 2024, down by 1.4% compared to the previous year.

Newest Listings in Addison Township, PA

What homes are available in Addison Township, PA?

New listings aren’t available for Addison Township, PA

Nearby markets

Nearby markets aren't available for Addison Township, PA

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