Is North Belle Vernon, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Belle Vernon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, North Belle Vernon has remained a Seller's Market.

Key Takeaway

North Belle Vernon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Belle Vernon, PA

How much do homes in North Belle Vernon, PA cost?

Median Sold Price

$93,500

$187/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$56,500(-37.7%)

Key Takeaway

Homes in North Belle Vernon have sold for 37.7% less than they did a month ago.

Summary: The median home sold price in North Belle Vernon was $93,500 in February 2024, down 37.7% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 -$73K
N/A
3 -$225K
N/A
4 $150K-
N/A
5+ --
N/A

Summary: North Belle Vernon housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in North Belle Vernon, PA

How many homes are available in North Belle Vernon, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
56+20.0%

Summary: The North Belle Vernon real estate market had 6 homes for sale in February 2024, a 20.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The North 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Belle Vernon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in North Belle Vernon in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for North Belle Vernon, PA

How long does it take to sell a home in North Belle Vernon, PA?

Average Sale Time

Jan 2024Feb 2024CHANGE
52 Days25 Days-50.6%

Summary: Homes in North Belle Vernon had an average of 25 days on market in Feb 2024, down by 50.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Belle Vernon are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 3 homes were sold in North Belle Vernon; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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