Is Sharon, 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, Sharon was a Seller's Market.
Housing Prices in Sharon, PA
How much do homes in Sharon, PA cost?
Median Sold Price
$72,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sharon was $72,000 in May 2024, up 8.3% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $21K | - | N/A |
2 Bedrooms | $61.5K | $61K | -0.8% |
3 Bedrooms | $67.5K | $70K | +3.7% |
4 Bedrooms | $80K | $88.5K | +10.6% |
5+ Bedrooms | $89.2K | $217K | +143.1% |
Summary: Sharon 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 decreased by 0.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 143.1%.
Median Sold Price Compared To Nearby Cities
Sharon | $66.5K | $72K | +8.3% |
Hermitage | $176K | $190K | +8.0% |
Brookfield Township | $120K | $117.8K | -1.8% |
Farrell | $71.2K | $64.7K | -9.1% |
Housing Supply in Sharon, PA
How many homes are available in Sharon, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
60 | 58 | -3.3% |
Summary: The Sharon real estate market had 58 homes for sale in May 2024, a 3.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 14 | 12 | -14.3% |
3 Bedrooms | 37 | 37 | 0.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Sharon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Sharon in May 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Sharon, PA
How long does it take to sell a home in Sharon, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
74 Days | 78 Days | +6.2% |
Summary: Homes in Sharon had an average of 78 days on market in May 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Sharon; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.