About Cranberry Township, PA

Cranberry Township, Pennsylvania: A Thriving Gem in Butler County

Nestled about 20 miles north of Pittsburgh lies Cranberry Township, a thriving community in Butler County, Pennsylvania. Known for its rapid growth, exceptional amenities, and rich history, Cranberry Township has become an appealing destination for homebuyers seeking a dynamic yet tranquil lifestyle.

Established in 1804, Cranberry Township was primarily an agricultural community until the late 20th century when it experienced a surge of development due to its strategic location close to Pittsburgh¹. Today, it is one of the fastest-growing towns in the region with a population of over 33,000 as of the 2020 census².

Real Estate in Cranberry Township

The real estate scene in Cranberry Township is as diverse as it is appealing. Homes range from affordable starter homes to luxurious estates, catering to a wide variety of budgets and lifestyle preferences. The town offers a mix of residential neighborhoods, each with its unique charm and character.

Schools in Cranberry Township are highly regarded, making it an excellent place for families. Shopping centers abound, providing residents with access to everything from groceries to high-end boutiques. The town’s transportation system is robust, with easy access to major highways and public transport, ensuring a smooth commute for residents.

Landmarks in and around Cranberry Township include Fun Fore All Family Fun Park and Urban Air Trampoline and Adventure Park, which provide family-friendly entertainment options³. The UPMC Lemieux Sports Complex, a major sports and medical facility, is also located in the town³.

Nightlife and Social Life in Cranberry Township

While Cranberry Township offers a peaceful suburban lifestyle, it doesn’t fall short when it comes to nightlife and social activities. The town boasts a variety of restaurants, offering everything from local Pennsylvania fare to international cuisine. Bars and clubs provide venues for those seeking a vibrant nightlife scene.

The social life in Cranberry Township is enriched by a strong sense of community. The town hosts various events throughout the year, fostering a close-knit community spirit. From farmer’s markets to festive parades, there’s always something happening in Cranberry Township.

Economic Advantages

Owning a home in Cranberry Township comes with many economic advantages. The town’s robust economy, fueled by a diverse mix of businesses and industries, ensures stable property values. Its proximity to Pittsburgh provides residents with ample employment opportunities without having to compromise on a suburban lifestyle.

In conclusion, Cranberry Township is more than just a place to live; it’s a thriving, growing community that offers a unique blend of suburban tranquility, urban amenities, and economic stability. Whether you’re a young professional, raising a family, or planning to retire, Cranberry Township has something for everyone.

Footnotes

1. Cranberry Township Official Website ↩
   
2. Wikipedia – Cranberry Township, Butler County, Pennsylvania ↩
   
3. TripAdvisor – Cranberry Township ↩ ↩²
   

The Real Estate Market in Cranberry Township, PA

The Current State of Real Estate Market in Cranberry Township, Pennsylvania

As a thriving community in Butler County, Pennsylvania, Cranberry Township’s real estate market is diverse and dynamic. As of September 2023, the median home sold price was $401,000, a slight increase of 0.3% from the previous year¹. The median price per square foot was pegged at $202¹, indicating a steady demand for property in this area.

Housing Prices and Sales

The housing market in the 16066 postal code, which covers Cranberry Township, scored 64 out of 100 in terms of competitiveness². The average house price in this area was $453K in the past month, up by a marginal 0.6% since last year².

In comparison, the median list price of homes was higher, at $460,000 in September 2023³. This figure has seen a considerable decrease compared to the $493,445 listing price in 2022³.

Number of Homes Sold and Average Sales Time

The average home value in Cranberry Township is $408,757⁴, which is a significant 5.8% increase over the past year. Homes in this area typically go pending in around six days⁴, indicating a fast-moving market driven by high demand and limited inventory.

Nearby Cities Comparison

When compared to nearby cities, Cranberry Township’s real estate market holds its own. For instance, the median price of an average house was $362,764 as of October 2, 2023⁵. Forecasts predict a long-term increase, making Cranberry Township an appealing option for those considering an investment in real estate.

Key Takeaways

The data reveals that the real estate market in Cranberry Township, Pennsylvania, is robust and competitive. Housing prices have seen a marginal increase, with homes selling quickly due to high demand. The slight decrease in the median list price of homes compared to 2022 could indicate that it’s a good time for potential buyers to consider investing in this market.

For sellers, the quick turnover time and steady increase in home values make it an advantageous time to consider listing their properties. Residents enjoy the benefits of a thriving community with excellent amenities and a strong sense of community, adding to the appeal of this vibrant town.

Overall, whether you’re a buyer or a seller, the current state of the real estate market in Cranberry Township offers opportunities worth exploring.

Please note: This article provides general information and does not constitute financial advice. Always consult with a certified financial or real estate advisor before making any decisions.

Footnotes

1. Rockethomes ↩ ↩²
   
2. Redfin ↩ ↩²
   
3. Movoto ↩ ↩²
   
4. Zillow ↩ ↩²
   
5. WalletInvestor ↩