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Saturday, September 21, 2024

Home prices in Allegheny County during August 2024 increased compared to the same period in 2023

Realestate3

Adobe Stock

Adobe Stock

In August, the median sale price of a home in Allegheny County rose by $11,000 from the same period in the previous year, while total sales decreased by 36.9%, according to BlockShopper.com.

Data shows that there were 953 homes sold in August, with a median sale price of $225,000 - a 5.1% increase over the $214,000 median sale price for the same period of the previous year. There were 1,510 homes sold in Allegheny County in August 2023.

For context, the median sales tax in Allegheny County, based on the latest available data from 2022, was $420, which stands at 0.2% of August's median home sale price.

The following histogram displays changes in median sales prices in Allegheny County from August 2023 to August 2024.

August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024$214,000$214,000$200,000$200,000$196,750$196,750$190,000$190,000$180,000$180,000$169,900$169,900$170,000$170,000$209,500$209,500$211,000$211,000$210,000$210,000$229,900$229,900$230,000$230,000$225,000$225,000

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