Is Belle Vernon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Belle Vernon was a Seller's Market.
Housing Prices in Belle Vernon, PA
How much do homes in Belle Vernon, PA cost?
Median Sold Price
$188,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Belle Vernon was $188,000 in April 2024, down 10.5% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $49.9K | - | N/A |
2 Bedrooms | $127.5K | $157K | +23.1% |
3 Bedrooms | $180.5K | $190K | +5.3% |
4 Bedrooms | $322.5K | $324.9K | +0.8% |
5+ Bedrooms | $397.4K | $309K | -22.3% |
Summary: Belle Vernon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 22.3%.
Median Sold Price Compared To Nearby Cities
Rostraver Township | $240K | $245K | +2.1% |
Belle Vernon | $210K | $188K | -10.5% |
Monessen | $112.2K | $95K | -15.4% |
Housing Supply in Belle Vernon, PA
How many homes are available in Belle Vernon, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 48 | +2.1% |
Summary: The Belle Vernon real estate market had 48 homes for sale in April 2024, a 2.1% 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 | 7 | 5 | -28.6% |
3 Bedrooms | 23 | 22 | -4.3% |
4 Bedrooms | 15 | 18 | +20.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Belle Vernon 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 decreased by 28.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 6 | -53.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Belle Vernon in April 2024, down by 53.8% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Belle Vernon, PA
How long does it take to sell a home in Belle Vernon, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 66 Days | +9.8% |
Summary: Homes in Belle Vernon had an average of 66 days on market in Apr 2024, up by 9.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Belle Vernon; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.