$4,869 Closing Credit*
$410,000
2 Beds
•2 Full Baths
Dana Evans, Listing Office: Howard Hanna Mid Mon Valley Office
Is Belle Vernon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Belle Vernon was a Neutral Market.
Key Takeaway
Belle Vernon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Belle Vernon, PA
How much do homes in Belle Vernon, PA cost?
Median Sold Price
$216,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$51,000(+30.9%)
Key Takeaway
Homes in Belle Vernon have sold for 30.9% more than they did a year ago.
Summary: The median home sold price in Belle Vernon was $216,000 in November 2024, up 30.9% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $37.5K | - | N/A |
| 2 Bedrooms | $134.3K | $128.7K | -4.2% |
| 3 Bedrooms | $147K | $215K | +46.3% |
| 4 Bedrooms | $347.4K | $355K | +2.2% |
| 5+ Bedrooms | $430K | $180.2K | -58.1% |
Summary: Belle Vernon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 46.3%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 58.1%.
Median Sold Price Compared To Nearby Cities
| Belle Vernon | $165K | $216K | +30.9% |
| Rostraver Township | $228K | $260K | +14.0% |
| Monessen | $98.2K | $94.5K | -3.8% |
Housing Supply in Belle Vernon, PA
How many homes are available in Belle Vernon, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 58 | -1.7% |
Summary: The Belle Vernon real estate market had 58 homes for sale in November 2024, a 1.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 27 | 27 | 0.0% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Belle Vernon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belle Vernon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Belle Vernon in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Belle Vernon, PA
How long does it take to sell a home in Belle Vernon, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 52 Days | +1.6% |
Summary: Homes in Belle Vernon had an average of 52 days on market in Nov 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belle Vernon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Belle Vernon; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
