Is Belle Vernon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Belle Vernon has remained a Seller's Market.
Housing Prices in Belle Vernon, PA
How much do homes in Belle Vernon, PA cost?
Median Sold Price
$179,950
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Belle Vernon was $179,950 in February 2024, down 10% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $49.9K | - | N/A |
2 Bedrooms | $133K | $130K | -2.3% |
3 Bedrooms | $178.9K | $165.2K | -7.7% |
4 Bedrooms | $320K | $306.5K | -4.2% |
5+ Bedrooms | $397.4K | $430K | +8.2% |
Summary: Belle Vernon housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
Rostraver Township | $240K | $237.5K | -1.0% |
Belle Vernon | $200K | $179.9K | -10.0% |
Housing Supply in Belle Vernon, PA
How many homes are available in Belle Vernon, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
45 | 50 | +11.1% |
Summary: The Belle Vernon real estate market had 50 homes for sale in February 2024, a 11.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 19 | 24 | +26.3% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Belle Vernon housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Belle Vernon in February 2024, up by 20.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
53 Days | 32 Days | -38.2% |
Summary: Homes in Belle Vernon had an average of 32 days on market in Feb 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 12 homes were sold in Belle Vernon; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.