Is Vandergrift, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vandergrift is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Vandergrift has remained a Seller's Market.

Key Takeaway

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

How much do homes in Vandergrift, PA cost?

Median Sold Price

$95,500

$64/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$20,500(+27.3%)

Key Takeaway

Homes in Vandergrift have sold for 27.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $93K$68K
-26.9%
2 $57.5K$70K
+21.9%
3 $80.4K$96K
+19.3%
4 $94.2K$116.7K
+23.9%
5+ $122K$158.7K
+30.1%

Median Sold Price Compared To Nearby Cities

Leechburg
+57.0%
Parks Township
+37.9%
Vandergrift
+27.3%
Gilpin Township
+1.0%

How many homes are available in Vandergrift, PA?

Number of Homes For Sale

Jun 2022Jul 2022%
3842+10.5%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 1210
-16.7%
3 1920
+5.3%
4 510
+100.0%
5+ 22
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
69+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vandergrift, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
25 Days23 Days-7.6%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Vandergrift, PA

Homes for sale in Vandergrift, PA have reached 42. The inventory of homes for sale in Vandergrift, PA between June 2022 and July 2022 increased by 10.5%. In July 2022 median list price was $95,500 and the average listing age was 23 days. Between June 2022 and July 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went down by 26.9%, the cost of 2 bedrooms properties went up by 21.9%, prices of 3 bedrooms properties went up by 19.3%, 4 bedrooms properties prices increased by 23.9%, prices of 5 bedrooms properties went up by 30.1%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 16.7%, volume of 3 bedrooms homes went up by 5.3%, volume of 4 bedrooms homes went up by 100%, volume of 5 bedrooms homes stayed the same. In July 2022, from all listings sold in Vandergrift, PA there were more than 6 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.

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