Is Bellefonte, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellefonte is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bellefonte, DE

How much do homes in Bellefonte, DE cost?

Median Sold Price

$330,500

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,500(+8.4%)

Key Takeaway

Homes in Bellefonte have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Bellefonte was $330,500 in October 2024, up 8.4% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $270K$330K
+22.2%
3 $285K$328K
+15.1%
4 $325K$350K
+7.7%
5+ --
N/A

Summary: Bellefonte housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bellefonte
+8.4%
Brandywine
+6.0%

Housing Supply in Bellefonte, DE

How many homes are available in Bellefonte, DE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Bellefonte real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Bellefonte housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellefonte, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Bellefonte in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Bellefonte, DE

How long does it take to sell a home in Bellefonte, DE?

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days4 Days-55.6%

Summary: Homes in Bellefonte had an average of 4 days on market in Oct 2024, down by 55.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Bellefonte; 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.

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

Report Updated 21 Days Ago

Newest Listings in Bellefonte, DE

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