New - 4 days on Rocket
$594 Closing Credit¹
#1687035, Vanessa Doss, Listing Office: Compass Pennsylvania, Llc
Homewood Housing Market Report January 2025•Allegheny County, Pennsylvania
Housing Prices in Homewood, PA
How much do homes in Homewood, PA cost?
Housing Market Conditions
Is Homewood, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Homewood is a Buyer's Market
Difference Since January 2024
At the same time last year, Homewood was a Seller's Market.
Insight
Homewood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$43,500$27/SqFt
-$6,500
-13.0%
Based on all homes sold in the last 12 months
Insight
Homes in Homewood have sold for 13% less than they did a year ago.
Summary: The median home sold price in Homewood was $43,500 in January 2025, down 13% from last year, and the median price per square foot was $27.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Homewood | $50K | $43.5K | -13.0% |
| East Hills | $100K | $79K | -21.0% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $90K | $65K | -27.8% |
| 33 Bedrooms | $50K | $31.5K | -37.0% |
| 44 Bedrooms | $46.5K | $38K | -18.3% |
| 55+ Bedrooms | $45K | $50K | +11.1% |
Summary: Homewood housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.8%. The home price for 3 bedroom homes decreased by -37.0%. The home price for 4 bedroom homes decreased by -18.3%. The home price for 5 bedroom homes increased by +11.1%.
Housing supply in Homewood, PA
How many homes are available in Homewood, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthJan 2025 | ||
| 102 months agoDec 2024 | +10.0 % Change MoMDec – Jan |
Summary: The Homewood real estate market had 11 homes for sale in Jan 2025, a 10.0 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 12 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 5 | 4 | -20.0% |
| 44 Bedrooms | 1 | 2 | +100.0% |
| 55+ Bedrooms | 2 | 3 | +50.0% |
Summary: Homewood housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Homewood, PA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Homewood, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Homewood in January 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Homewood, PA
How long does it take to sell a home in Homewood, PA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Homewood are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 1 homes were sold in Homewood; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 155 DaysThis YearJan 2025 | ||
| 195 Days1 year agoJan 2024 | -20.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Homewood had an average listing age of 155 days in Jan 2025, down by 20.5% compared to the previous year.
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Newest Listings in Homewood, PA
What homes are available in Homewood, PA?
New - 4 days on Rocket
$594 Closing Credit¹
#1687038, Vanessa Doss, Listing Office: Compass Pennsylvania, Llc
Backup offers
$2,849 Closing Credit¹
#1684839, Mary Hester, Listing Office: Lifeventure Buy Choice Homes
Backup offers
$1,663 Closing Credit¹
#1682135, Michael Vieira, Listing Office: Exp Realty Llc
$2,019 Closing Credit¹
#1680948, Joseph Pegher, Listing Office: Berkshire Hathaway The Preferred Realty
$796 Closing Credit¹
#1679532, Tracis Saunders, Listing Office: K & S Real Estate, Inc.
$831 Closing Credit¹
#1676377, Moshe Luzer, Listing Office: Howard Hanna Real Estate Services
$2,078 Closing Credit¹
#1673374, Lena Michelle Gainer, Listing Office: Sage Real Estate Services
$463 Closing Credit¹
#1671429, Patricia Gesswein, Listing Office: Houwzer, Inc.
$2,316 Closing Credit¹
#1658401, Diane McConaghy, Listing Office: Re/Max Select Realty
$1,425 Closing Credit¹
#1658188, Valerie Wecht, Listing Office: Re/Max Realty Brokers
$889 Closing Credit¹
#1655124, Christian Ivory, Listing Office: Keller Williams Realty
Nearby markets
Nearby markets aren't available for Homewood, PA
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc., for the period 02/01/2023 - 02/01/2025
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 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: 2/7/2025, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.