Is Zelienople, 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, Zelienople has remained a Seller's Market.
Key Takeaway
Zelienople is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Zelienople, PA
How much do homes in Zelienople, PA cost?
Median Sold Price
$355,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Zelienople have sold for 25.3% less than they did a year ago.
Summary: The median home sold price in Zelienople was $355,000 in May 2024, down 25.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $254.5K | +13.1% |
| 3 Bedrooms | $315K | $355.5K | +12.9% |
| 4 Bedrooms | $531.1K | $412K | -22.4% |
| 5+ Bedrooms | $585K | $600K | +2.6% |
Summary: Zelienople 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 13.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Harmony | $379.9K | $381K | 0.3% |
| Jackson Township | $485K | $386.5K | -20.3% |
| Zelienople | $475K | $355K | -25.3% |
Housing Supply in Zelienople, PA
How many homes are available in Zelienople, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Zelienople real estate market had 13 homes for sale in May 2024, a 8.3% 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 | 5 | +25.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Zelienople 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
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 Zelienople, 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 Zelienople in May 2024, the same as the previous 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 Zelienople, PA
How long does it take to sell a home in Zelienople, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 79 Days | 97 Days | +22.3% |
Summary: Homes in Zelienople had an average of 97 days on market in May 2024, up by 22.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Zelienople has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Zelienople; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
