Is Turtle Creek, 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, Turtle Creek has remained a Seller's Market.
Key Takeaway
Turtle Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Turtle Creek, PA
How much do homes in Turtle Creek, PA cost?
Median Sold Price
$101,750
$67/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Turtle Creek have sold for 19.4% more than they did a year ago.
Summary: The median home sold price in Turtle Creek was $101,750 in May 2024, up 19.4% from last year, and the median price per square foot was $67.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $29K | N/A |
| 2 Bedrooms | $80K | $111.1K | +38.9% |
| 3 Bedrooms | $79.9K | $91K | +13.8% |
| 4 Bedrooms | $98.5K | $146.2K | +48.5% |
| 5+ Bedrooms | $92K | $140K | +52.2% |
Summary: Turtle Creek 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 38.9%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 48.5%, and 5+ bedroom homes increased by 52.2%.
Median Sold Price Compared To Nearby Cities
| Turtle Creek | $85.2K | $101.7K | +19.4% |
| North Versailles Township | $126.5K | $138.4K | +9.4% |
| North Versailles | $130.5K | $139K | +6.5% |
| Wilkins Township | $176K | $180K | +2.3% |
Housing Supply in Turtle Creek, PA
How many homes are available in Turtle Creek, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Summary: The Turtle Creek real estate market had 30 homes for sale in May 2024, a 11.8% decrease 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Turtle Creek 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 decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Turtle Creek, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Turtle Creek in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Turtle Creek, PA
How long does it take to sell a home in Turtle Creek, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 51 Days | 45 Days | -12.6% |
Summary: Homes in Turtle Creek had an average of 45 days on market in May 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Turtle Creek are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Turtle Creek; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
