$881 Closing Credit*
$74,200
1,436 SqFt
3 Beds
•1 Full Bath
Sherry M Price, Listing Office: RealHome Services and Solutions, Inc.
Is Bellefonte, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, PA
How much do homes in Bellefonte, PA cost?
Median Sold Price
$310,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,100(+3.4%)
Key Takeaway
Homes in Bellefonte have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Bellefonte was $310,000 in November 2024, up 3.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.2K | $120K | +24.7% |
| 2 Bedrooms | $215K | $210K | -2.3% |
| 3 Bedrooms | $297.2K | $299K | +0.6% |
| 4 Bedrooms | $390K | $415K | +6.4% |
| 5+ Bedrooms | $525.4K | $620K | +18.0% |
Summary: Bellefonte housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.7%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Cities
| Spring Township | $296.4K | $314.9K | +6.2% |
| Bellefonte | $299.9K | $310K | +3.4% |
Housing Supply in Bellefonte, PA
How many homes are available in Bellefonte, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 63 | -24.1% |
Summary: The Bellefonte real estate market had 63 homes for sale in November 2024, a 24.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 46 | 38 | -17.4% |
| 4 Bedrooms | 23 | 16 | -30.4% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Bellefonte 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 33.3%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellefonte, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Bellefonte in November 2024, down by 22.7% month-over-month. Of the 17 sold homes, 41% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Bellefonte, PA
How long does it take to sell a home in Bellefonte, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 40 Days | +127.5% |
Summary: Homes in Bellefonte had an average of 40 days on market in Nov 2024, up by 127.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bellefonte are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Bellefonte; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
