Is North Versailles Township, 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 Versailles Township was a Seller's Market.
Key Takeaway
North Versailles Township 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 Versailles Township, PA
How much do homes in North Versailles Township, PA cost?
Median Sold Price
$138,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in North Versailles Township have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in North Versailles Township was $138,000 in March 2024, up 1.5% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27K | - | N/A |
| 2 Bedrooms | $101.5K | $97K | -4.4% |
| 3 Bedrooms | $145K | $140K | -3.4% |
| 4 Bedrooms | $152.7K | $147K | -3.8% |
| 5+ Bedrooms | $185K | $314.5K | +70.0% |
Summary: North Versailles Township 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 4.4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 70%.
Median Sold Price Compared To Nearby Cities
| North Versailles Township | $136K | $138K | +1.5% |
| North Versailles | $137K | $138.3K | +0.9% |
| East McKeesport | $135K | $80.5K | -40.4% |
| East Mc Keesport | $135K | $80.5K | -40.4% |
Housing Supply in North Versailles Township, PA
How many homes are available in North Versailles Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 48 | +20.0% |
Summary: The North Versailles Township real estate market had 48 homes for sale in March 2024, a 20.0% increase 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 | 9 | 14 | +55.6% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The North Versailles Township 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 increased by 55.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Versailles Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in North Versailles Township in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for North Versailles Township, PA
How long does it take to sell a home in North Versailles Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 53 Days | -6.7% |
Summary: Homes in North Versailles Township had an average of 53 days on market in Mar 2024, down by 6.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Versailles Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in North Versailles Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.