Is North Belle Vernon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, North Belle Vernon was a Seller's Market.
Key Takeaway
North Belle Vernon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Belle Vernon, PA
How much do homes in North Belle Vernon, PA cost?
Median Sold Price
$151,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in North Belle Vernon have sold for 25.9% more than they did a year ago.
Summary: The median home sold price in North Belle Vernon was $151,000 in March 2024, up 25.9% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49.9K | - | N/A |
| 2 Bedrooms | $110K | $93.5K | -15.0% |
| 3 Bedrooms | $133.4K | $158K | +18.4% |
| 4 Bedrooms | $252K | $160K | -36.5% |
| 5+ Bedrooms | $119.9K | - | N/A |
Summary: North Belle Vernon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 36.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Belle Vernon | $119.9K | $151K | +25.9% |
| Belle Vernon | $110K | $135K | +22.7% |
| Rostraver Township | $245K | $245K | 0.0% |
| Belle Vernon | $212.5K | $179.9K | -15.3% |
Housing Supply in North Belle Vernon, PA
How many homes are available in North Belle Vernon, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The North Belle Vernon real estate market had 6 homes for sale in March 2024, a 14.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Belle Vernon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Belle Vernon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in North Belle Vernon in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 1 Day | -97.4% |
Summary: Homes in North Belle Vernon had an average of 1 days on market in Mar 2024, down by 97.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Belle Vernon are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in North Belle Vernon; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
