$2,613 Closing Credit*
$220,000
2 Beds
•2 Full Baths
Cindy Schmidt, Listing Office: Realty One Group Gold Standard
Is Belle Vernon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Belle Vernon has remained a Seller's Market.
Key Takeaway
Belle Vernon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belle Vernon, PA
How much do homes in Belle Vernon, PA cost?
Median Sold Price
$215,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,550(+26.9%)
Key Takeaway
Homes in Belle Vernon have sold for 26.9% more than they did a year ago.
Summary: The median home sold price in Belle Vernon was $215,000 in October 2024, up 26.9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | - | N/A |
| 2 Bedrooms | $135K | $135K | 0.0% |
| 3 Bedrooms | $149K | $216K | +45.0% |
| 4 Bedrooms | $352.5K | $348.7K | -1.1% |
| 5+ Bedrooms | $430K | $180.2K | -58.1% |
Summary: Belle Vernon 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 did not change, 3 bedroom homes increased by 45%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 58.1%.
Median Sold Price Compared To Nearby Cities
| Belle Vernon | $169.4K | $215K | +26.9% |
| Rostraver Township | $226K | $260K | +15.0% |
| Monessen | $95K | $94.5K | -0.5% |
Housing Supply in Belle Vernon, PA
How many homes are available in Belle Vernon, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 60 | +3.4% |
Summary: The Belle Vernon real estate market had 60 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 23 | 28 | +21.7% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Belle Vernon 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 decreased by 7.1%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Belle Vernon, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Belle Vernon in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 58 Days | +50.8% |
Summary: Homes in Belle Vernon had an average of 58 days on market in Oct 2024, up by 50.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Belle Vernon has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Belle Vernon; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
