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 May 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
$150,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Belle Vernon have sold for 25.1% more than they did a year ago.
Summary: The median home sold price in North Belle Vernon was $150,000 in May 2024, up 25.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49.9K | - | N/A |
| 2 Bedrooms | $110K | $93.5K | -15.0% |
| 3 Bedrooms | $136.4K | $151K | +10.7% |
| 4 Bedrooms | $170K | $150K | -11.8% |
| 5+ Bedrooms | $119.9K | - | N/A |
Summary: North Belle Vernon housing prices by bedroom type for May 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 10.7%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Belle Vernon | $119.9K | $150K | +25.1% |
| Belle Vernon | $125K | $135K | +8.0% |
| Rostraver Township | $237.5K | $245K | +3.2% |
| Belle Vernon | $200K | $195K | -2.5% |
Housing Supply in North Belle Vernon, PA
How many homes are available in North Belle Vernon, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The North Belle Vernon real estate market had 6 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Belle Vernon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Belle Vernon, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in North Belle Vernon in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 54 Days | 10 Days | -81.5% |
Summary: Homes in North Belle Vernon had an average of 10 days on market in May 2024, down by 81.5% 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 May 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.
