Is Vandergrift, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Vandergrift has remained a Seller's Market.
Key Takeaway
Vandergrift is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vandergrift, PA
How much do homes in Vandergrift, PA cost?
Median Sold Price
$105,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Vandergrift have sold for 10.8% less than they did a year ago.
Summary: The median home sold price in Vandergrift was $105,000 in April 2024, down 10.8% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $17K | -69.1% |
| 2 Bedrooms | $74.9K | $99.5K | +32.8% |
| 3 Bedrooms | $112.9K | $101K | -10.6% |
| 4 Bedrooms | $135K | $134.5K | -0.4% |
| 5+ Bedrooms | - | $90K | N/A |
Summary: Vandergrift housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.1%, 2 bedroom homes increased by 32.8%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Allegheny Township | $201.2K | $215K | +6.8% |
| Vandergrift | $117.7K | $105K | -10.8% |
Housing Supply in Vandergrift, PA
How many homes are available in Vandergrift, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Summary: The Vandergrift real estate market had 40 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Vandergrift housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vandergrift, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Vandergrift in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Vandergrift, PA
How long does it take to sell a home in Vandergrift, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 53 Days | +47.0% |
Summary: Homes in Vandergrift had an average of 53 days on market in Apr 2024, up by 47% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Vandergrift has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Vandergrift; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
