Is Herminie, 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, Herminie has remained a Seller's Market.
Housing Prices in Herminie, PA
How much do homes in Herminie, PA cost?
Median Sold Price
$192,745
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Herminie was $192,745 in May 2024, up 58.6% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $75K | $175K | +133.3% |
3 Bedrooms | $148K | $192.7K | +30.2% |
4 Bedrooms | $23.5K | $225K | +857.4% |
5+ Bedrooms | $30K | - | N/A |
Summary: Herminie 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 133.3%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 857.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Herminie | $121.5K | $192.7K | +58.6% |
Sewickley Township | $400K | $429.9K | +7.5% |
Hempfield Township | $234.9K | $250K | +6.4% |
Housing Supply in Herminie, PA
How many homes are available in Herminie, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Summary: The Herminie real estate market had 10 homes for sale in May 2024, a 42.9% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Herminie 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 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Herminie in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Herminie, PA
How long does it take to sell a home in Herminie, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
111 Days | 53 Days | -52.4% |
Summary: Homes in Herminie had an average of 53 days on market in May 2024, down by 52.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Herminie; 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.