David Briscoe, Listing Office: Century 21 American Heritage
Hempfield Township Housing Market Report December 2024•Westmoreland County, Pennsylvania
Housing Prices in Hempfield Township, PA
How much do homes in Hempfield Township, PA cost?
Housing Market Conditions
Is Hempfield Township, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hempfield Township is a Seller's Market
Difference Since December 2023
Since last year, Hempfield Township has remained a Seller's Market.
Hempfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Hempfield Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Hempfield Township was $249,900 in December 2024, up 5.9% from last year, and the median price per square foot was $173.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
South Greensburg | $169K | $189.2K | +12.0% |
Hempfield Township | $236K | $249.9K | +5.9% |
Greensburg | $226.7K | $234.1K | +3.2% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $27.5K | $88.5K | +221.8% |
22 Bedrooms | $154.9K | $185K | +19.4% |
33 Bedrooms | $230K | $228.9K | -0.5% |
44 Bedrooms | $354K | $375K | +5.9% |
55+ Bedrooms | $403.5K | $370K | -8.3% |
Summary: Hempfield Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +221.8%. The home price for 2 bedroom homes increased by +19.4%. The home price for 3 bedroom homes decreased by -0.5%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes decreased by -8.3%.
Housing supply in Hempfield Township, PA
How many homes are available in Hempfield Township, PA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
108Last MonthDec 2024 | ||
1212 months agoNov 2024 | -10.7 % Change MoMNov – Dec |
Summary: The Hempfield Township real estate market had 108 homes for sale in Dec 2024, a 10.7 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
29Last MonthDec 2024 | ||
252 months agoNov 2024 | +16.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 1 | +100.0% |
22 Bedrooms | 15 | 16 | +6.7% |
33 Bedrooms | 72 | 63 | -12.5% |
44 Bedrooms | 29 | 25 | -13.8% |
55+ Bedrooms | 5 | 3 | -40.0% |
Summary: Hempfield Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +6.7%. The inventory for 3 bedroom homes decreased by -12.5%. The inventory for 4 bedroom homes decreased by -13.8%. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in Hempfield Township, PA cost?
Over Asking Price4 Homes
At Asking Price4 Homes
Under Asking Price21 Homes
If you're buying a home in Hempfield Township, you may be able to get a good deal. 72.4% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Hempfield Township in December 2024, up by 16.0% month-over-month. Of the 29 sold homes, 72% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.
Days on Market for Hempfield Township, PA
How long does it take to sell a home in Hempfield Township, PA?
Breakdown of Home Sale Times
Under 30 Days14 Homes
30 – 90 Days12 Homes
Over 90 Days3 Homes
Many homes in Hempfield Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 29 homes were sold in Hempfield Township; 48% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
40 DaysThis YearDec 2024 | ||
35 Days1 year agoDec 2023 | +13.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Hempfield Township had an average listing age of 40 days in Dec 2024, up by 13.6% compared to the previous year.
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Newest Listings in Hempfield Township, PA
What homes are available in Hempfield Township, PA?
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc., and BrightMLS for the period 01/01/2023 - 01/01/2025
Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/19/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/19/2025, 7:24:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.