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Penn Township Housing Market Report January 2025•Westmoreland County, Pennsylvania
Housing Prices in Penn Township, PA
How much do homes in Penn Township, PA cost?
Housing Market Conditions
Is Penn Township, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Penn Township is a Buyer's Market
Difference Since January 2024
At the same time last year, Penn Township was a Seller's Market.
Penn Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Penn Township have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Penn Township was $335,000 in January 2025, up 17.8% from last year, and the median price per square foot was $189.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $85.5K | N/A |
22 Bedrooms | $159K | $164.9K | +3.7% |
33 Bedrooms | $260K | $290K | +11.5% |
44 Bedrooms | $344.1K | $410K | +19.1% |
55+ Bedrooms | $659.9K | $645K | -2.3% |
Summary: Penn Township 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 increased by +3.7%. The home price for 3 bedroom homes increased by +11.5%. The home price for 4 bedroom homes increased by +19.1%. The home price for 5 bedroom homes decreased by -2.3%.
Housing supply in Penn Township, PA
How many homes are available in Penn Township, PA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
52Last MonthJan 2025 | ||
452 months agoDec 2024 | +15.6 % Change MoMDec – Jan |
Summary: The Penn Township real estate market had 52 homes for sale in Jan 2025, a 15.6 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthJan 2025 | ||
72 months agoDec 2024 | -28.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 6 | 5 | -16.7% |
33 Bedrooms | 24 | 29 | +20.8% |
44 Bedrooms | 14 | 15 | +7.1% |
55+ Bedrooms | 1 | 3 | +200.0% |
Summary: Penn Township 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 decreased by -16.7%. The inventory for 3 bedroom homes increased by +20.8%. The inventory for 4 bedroom homes increased by +7.1%. The inventory for 5 bedroom homes increased by +200.0%.
Asking Price vs. Sold Price
How much do homes in Penn Township, PA cost?
Over Asking Price3 Homes
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Penn Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Penn Township in January 2025, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and and 60% were sold over asking.
Days on Market for Penn Township, PA
How long does it take to sell a home in Penn Township, PA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in Penn Township has remained consistent over time.
Summary: During January 2025, 5 homes were sold in Penn Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
27 DaysThis YearJan 2025 | ||
27 Days1 year agoJan 2024 | -1.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Penn Township had an average listing age of 27 days in Jan 2025, down by 1.8% compared to the previous year.
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Newest Listings in Penn Township, PA
What homes are available in Penn Township, PA?
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc., and BrightMLS for the period 02/01/2023 - 02/01/2025
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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: 2/21/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 2/21/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.