Redstone Township Housing Market Report December 2024•Fayette County, Pennsylvania

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Housing Prices in Redstone Township, PA

How much do homes in Redstone Township, PA cost?

Housing Market Conditions

Is Redstone Township, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Redstone Township is a Buyer's Market

Difference Since December 2023

At the same time last year, Redstone Township was a Seller's Market.

Insight

Redstone Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$149,900$78/SqFt
+$57,400
+62.1%

Based on all homes sold in the last 12 months

Insight

Homes in Redstone Township have sold for 62.1% more than they did a year ago.

Summary: The median home sold price in Redstone Township was $149,900 in December 2024, up 62.1% from last year, and the median price per square foot was $78.

Median Sold Price By Bedrooms

Median Sold 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-$295K
N/A
2$84.5K$65K
-23.1%
3$102.5K$152.4K
+48.7%
4$83.5K$161K
+92.8%
5-$110K
N/A

Summary: Redstone 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 decreased by -23.1%. The home price for 3 bedroom homes increased by +48.7%. The home price for 4 bedroom homes increased by +92.8%. The home price for 5 bedroom homes did not change.

Housing supply in Redstone Township, PA

How many homes are available in Redstone 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
10Last MonthDec 2024
122 months agoNov 2024
-16.7 %
Change MoMNov – Dec

Summary: The Redstone Township real estate market had 10 homes for sale in Dec 2024, a 16.7 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthDec 2024
32 months agoNov 2024
-66.7 %
Change MoMNov – Dec

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%
233
0.0%
354
-20.0%
422
0.0%
521
-50.0%

Summary: Redstone 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 remained the same. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -50.0%.

Asking Price vs. Sold Price

How much do homes in Redstone Township, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Redstone Township, 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 Redstone Township in December 2024, down by 66.7% month-over-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 Redstone Township, PA

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Redstone Township has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Redstone Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
64 DaysThis YearDec 2024
82 Days1 year agoDec 2023
-22.4 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Redstone Township had an average listing age of 64 days in Dec 2024, down by 22.4% compared to the previous year.

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Newest Listings in Redstone Township, PA

What homes are available in Redstone Township, PA?

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MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., North Central West Virginia Real Estate Information Network Inc., and Pocono Mountains Association of Realtors MLS for the period 01/01/2023 - 01/01/2025

IDX 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: 1/29/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of North Central WV Real Estate Information Network, Inc. IDX information is 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. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
© 2025 North Central West Virginia Real Estate Information Network, 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: 1/29/2025, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site includes listings held by MLS IDX Participants of the Internet Data Exchange Program of the Multiple Listing Service of the Pocono Mountain Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed of implied.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.