Is Churchill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Churchill was a Seller's Market.
Key Takeaway
Churchill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Churchill, PA
How much do homes in Churchill, PA cost?
Median Sold Price
$239,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Churchill have sold for 9% less than they did a year ago.
Summary: The median home sold price in Churchill was $239,000 in May 2024, down 9% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $191.2K | +27.5% |
| 3 Bedrooms | $225K | $237K | +5.3% |
| 4 Bedrooms | $311K | $330K | +6.1% |
| 5+ Bedrooms | $345K | $457.5K | +32.6% |
Summary: Churchill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 32.6%.
Median Sold Price Compared To Nearby Cities
| Forest Hills | $210K | $220.1K | +4.8% |
| Wilkins Township | $176K | $180K | +2.3% |
| Penn Hills Township | $164.1K | $165.7K | +1.0% |
| Wilkinsburg | $136.9K | $133K | -2.8% |
| Churchill | $262.5K | $239K | -9.0% |
Housing Supply in Churchill, PA
How many homes are available in Churchill, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Churchill real estate market had 19 homes for sale in May 2024, a 5.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Churchill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Churchill, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Churchill in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Churchill, PA
How long does it take to sell a home in Churchill, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 96 Days | 37 Days | -61.6% |
Summary: Homes in Churchill had an average of 37 days on market in May 2024, down by 61.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Churchill has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Churchill; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
