Is North Versailles, 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, North Versailles has remained a Buyer's Market.
Housing Prices in North Versailles, PA
How much do homes in North Versailles, PA cost?
Median Sold Price
$137,500
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in North Versailles was $137,500 in February 2024, down 1.8% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $27K | N/A |
2 Bedrooms | $98K | $100K | +2.0% |
3 Bedrooms | $148K | $140K | -5.4% |
4 Bedrooms | $155K | $150K | -3.2% |
5+ Bedrooms | $185K | - | N/A |
Summary: North Versailles 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 increased by 2%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
North Versailles | $140K | $137.5K | -1.8% |
North Versailles Township | $140K | $136K | -2.9% |
Housing Supply in North Versailles, PA
How many homes are available in North Versailles, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
48 | 42 | -12.5% |
Summary: The North Versailles real estate market had 42 homes for sale in February 2024, a 12.5% decrease 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 | 13 | 10 | -23.1% |
3 Bedrooms | 24 | 20 | -16.7% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The North Versailles 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 decreased by 23.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 3 | -62.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in North Versailles in February 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Versailles, PA
How long does it take to sell a home in North Versailles, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
90 Days | 75 Days | -16.2% |
Summary: Homes in North Versailles had an average of 75 days on market in Feb 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in North Versailles; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.