Is Bethel Park, 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, Bethel Park has remained a Seller's Market.
Housing Prices in Bethel Park, PA
How much do homes in Bethel Park, PA cost?
Median Sold Price
$275,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bethel Park was $275,000 in April 2024, up 5.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $120K | 0.0% |
2 Bedrooms | $174.5K | $197K | +12.9% |
3 Bedrooms | $250K | $264.9K | +6.0% |
4 Bedrooms | $355K | $370.6K | +4.4% |
5+ Bedrooms | $322.5K | $388K | +20.3% |
Summary: Bethel Park 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 12.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 20.3%.
Median Sold Price Compared To Nearby Cities
Upper Saint Clair Township | $405K | $450.5K | +11.2% |
Bethel Park | $259.9K | $275K | +5.8% |
Castle Shannon | $183K | $188.7K | +3.2% |
South Park Township | $253.7K | $259K | +2.1% |
South Park | $258K | $255K | -1.2% |
Housing Supply in Bethel Park, PA
How many homes are available in Bethel Park, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 68 | +7.9% |
Summary: The Bethel Park real estate market had 68 homes for sale in April 2024, a 7.9% 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 | 12 | 13 | +8.3% |
3 Bedrooms | 30 | 28 | -6.7% |
4 Bedrooms | 17 | 21 | +23.5% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Bethel Park 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 8.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 16 | -38.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Bethel Park in April 2024, down by 38.5% month-over-month. Of the 16 sold homes, 44% were sold under asking, 6% were sold at asking, and 50% were sold over asking.
Days on Market for Bethel Park, PA
How long does it take to sell a home in Bethel Park, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 43 Days | +14.1% |
Summary: Homes in Bethel Park had an average of 43 days on market in Apr 2024, up by 14.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Bethel Park; 56% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.