Is Etna, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Etna has remained a Seller's Market.
Key Takeaway
Etna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Etna, PA
How much do homes in Etna, PA cost?
Median Sold Price
$181,030
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Etna have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Etna was $181,030 in May 2024, up 9.7% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71.5K | $52.9K | -26.0% |
| 2 Bedrooms | $112.7K | $102K | -9.5% |
| 3 Bedrooms | $189.9K | $191K | +0.6% |
| 4 Bedrooms | $235K | $165K | -29.8% |
| 5+ Bedrooms | - | $285K | N/A |
Summary: Etna housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Etna | $165K | $181K | +9.7% |
| Pittsburgh | $230.7K | $241.5K | +4.7% |
| Shaler Township | $259.6K | $265K | +2.1% |
| Sharpsburg | $156K | $144.3K | -7.5% |
Housing Supply in Etna, PA
How many homes are available in Etna, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Etna 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Etna 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 increased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Etna, 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 Etna in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Etna, PA
How long does it take to sell a home in Etna, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 48 Days | 15 Days | -68.9% |
Summary: Homes in Etna had an average of 15 days on market in May 2024, down by 68.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Etna are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Etna; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
