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 April 2023
At the same time last year, North Versailles Township was a Seller's Market.
Key Takeaway
North Versailles Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Versailles Township, PA
How much do homes in North Versailles Township, PA cost?
Median Sold Price
$138,371
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Versailles Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in North Versailles Township was $138,371 in April 2024, up 5.6% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27K | - | N/A |
| 2 Bedrooms | $103K | $85K | -17.5% |
| 3 Bedrooms | $142.5K | $149.5K | +4.9% |
| 4 Bedrooms | $152.7K | $145.9K | -4.5% |
| 5+ Bedrooms | $185K | $314.5K | +70.0% |
Summary: North Versailles Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 70%.
Median Sold Price Compared To Nearby Cities
| North Versailles Township | $131K | $138.3K | +5.6% |
| North Versailles | $137K | $138.7K | +1.3% |
Housing Supply in North Versailles Township, PA
How many homes are available in North Versailles Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 40 | +21.2% |
Summary: The North Versailles Township real estate market had 40 homes for sale in April 2024, a 21.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The North Versailles Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 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. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in North Versailles Township in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 52 Days | +50.4% |
Summary: Homes in North Versailles Township had an average of 52 days on market in Apr 2024, up by 50.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was 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 April 2024, 5 homes were sold in North Versailles Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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.