South Oakland Housing Market Report April 2025•Allegheny County, Pennsylvania

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Housing Prices in South Oakland, PA

How much do homes in South Oakland, PA cost?

Housing Market Conditions

Is South Oakland, 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

South Oakland is a Buyer's Market

Difference Since April 2024

At the same time last year, South Oakland was a Seller's Market.

Insight

South Oakland 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.
$266,000$194/SqFt
+$21,000
+8.6%

Based on all homes sold in the last 12 months

Insight

Homes in South Oakland have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in South Oakland was $266,000 in April 2025, up 8.6% from last year, and the median price per square foot was $194.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
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
South Oakland
+8.6%
Oakland
+1.0%
Greenfield
0.3%

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.
BedsApr 2024Apr 2025Change YoY
1$136.5K$155.5K
+13.9%
2$185K$185K
0.0%
3$274K$266K
-2.9%
4$222.5K$291.2K
+30.9%
5$345K$480K
+39.1%

Summary: South Oakland housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +13.9%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -2.9%. The home price for 4 bedroom homes increased by +30.9%. The home price for 5 bedroom homes increased by +39.1%.

How does South Oakland, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

South Oakland, PA

Housing supply in South Oakland, PA

How many homes are available in South Oakland, 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
25Last MonthApr 2025
182 months agoMar 2025
+38.9 %
Change MoMMar – Apr

Summary: The South Oakland real estate market had 25 homes for sale in Apr 2025, a 38.9 % increase compared to Mar 2025.

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 MonthApr 2025
32 months agoMar 2025
-66.7 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
102
+100.0%
268
+33.3%
31010
0.0%
413
+200.0%
512
+100.0%

Summary: South Oakland housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +200.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in South Oakland, 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 Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in South Oakland, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in South Oakland in April 2025, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for South Oakland, PA

How long does it take to sell a home in South Oakland, PA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in South Oakland are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 1 homes were sold in South Oakland; 100% of homes were sold within 30 days, 0% 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
4 DaysThis YearApr 2025
8 Days1 year agoApr 2024
-50.0 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in South Oakland had an average listing age of 4 days in Apr 2025, down by 50.0% compared to the previous year.

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Newest Listings in South Oakland, PA

What homes are available in South Oakland, PA?

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MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., for the period 05/01/2023 - 05/01/2025

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: 6/1/2025, 6:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.