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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beechview is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Beechview was a Seller's Market.

Key Takeaway

Beechview 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 Beechview, PA

How much do homes in Beechview, PA cost?

Median Sold Price

$175,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+6.1%)

Key Takeaway

Homes in Beechview have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Beechview was $175,000 in October 2024, up 6.1% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $127.5K$140.4K
+10.1%
3 $179K$183.9K
+2.7%
4 $191K$240K
+25.7%
5+ $210K$238K
+13.3%

Summary: Beechview 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 10.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Neighborhoods

Banksville
+13.0%
Brookline
+6.7%
Beechview
+6.1%
Mount Washington
-7.3%

Housing Supply in Beechview, PA

How many homes are available in Beechview, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3032+6.7%

Summary: The Beechview real estate market had 32 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1918
-5.3%
4 24
+100.0%
5+ 22
0.0%

Summary: The Beechview 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 increased by 14.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beechview, 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 Beechview in October 2024, down by 37.5% 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 Beechview, PA

How long does it take to sell a home in Beechview, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days43 Days+43.4%

Summary: Homes in Beechview had an average of 43 days on market in Oct 2024, up by 43.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Beechview has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Beechview; 20% of homes were sold within 30 days, 80% 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 22 Days Ago

Newest Listings in Beechview, PA

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