#1686225, David Bruckner, Listing Office: D.R. Horton Realty Of Pa
South Park Housing Market Report December 2024•Allegheny County, Pennsylvania
Housing Prices in South Park, PA
How much do homes in South Park, PA cost?
Housing Market Conditions
Is South Park, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Park is a Seller's Market
Difference Since December 2023
Since last year, South Park has remained a Seller's Market.
South Park 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 South Park have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in South Park was $280,000 in December 2024, up 9.7% from last year, and the median price per square foot was $179.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
South Park | $255.2K | $280K | +9.7% |
South Park Township | $255.6K | $265K | +3.7% |
Bethel Park | $275K | $280K | +1.8% |
Jefferson Hills | $342.5K | $308K | -10.1% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $80K | - | N/A |
22 Bedrooms | $164.9K | $177.5K | +7.6% |
33 Bedrooms | $250K | $268.5K | +7.4% |
44 Bedrooms | $360.7K | $375K | +4.0% |
55+ Bedrooms | $557.5K | - | N/A |
Summary: South Park 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 increased by +7.6%. The home price for 3 bedroom homes increased by +7.4%. The home price for 4 bedroom homes increased by +4.0%. The home price for 5 bedroom homes did not change.
Housing supply in South Park, PA
How many homes are available in South Park, PA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
27Last MonthDec 2024 | ||
332 months agoNov 2024 | -18.2 % Change MoMNov – Dec |
Summary: The South Park real estate market had 27 homes for sale in Dec 2024, a 18.2 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthDec 2024 | ||
82 months agoNov 2024 | -37.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 4 | 4 | 0.0% |
33 Bedrooms | 18 | 12 | -33.3% |
44 Bedrooms | 9 | 9 | 0.0% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: South Park 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 -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in South Park, PA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
If you're buying a home in South Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in South Park in December 2024, down by 37.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for South Park, PA
How long does it take to sell a home in South Park, PA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in South Park are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in South Park; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
36 DaysThis YearDec 2024 | ||
46 Days1 year agoDec 2023 | -23.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in South Park had an average listing age of 36 days in Dec 2024, down by 23.2% compared to the previous year.
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Newest Listings in South Park, PA
What homes are available in South Park, PA?
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc., 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: 1/31/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.