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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellevue is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Bellevue 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 Bellevue, PA

How much do homes in Bellevue, PA cost?

Median Sold Price

$225,000

$148/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Bellevue has remained the same since last year.

Summary: The median home sold price in Bellevue was $225,000 in November 2024, the same as last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$235K
N/A
2 $125K$180K
+44.0%
3 $212K$212.7K
0.4%
4 $254.2K$241.8K
-4.9%
5+ $294.2K$296.7K
+0.8%

Summary: Bellevue 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 increased by 44%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Cities

Avalon
+16.4%
Mc Kees Rocks
+11.1%
Pittsburgh
+6.1%
Ross Township
+4.8%
Bellevue
0.0%

Housing Supply in Bellevue, PA

How many homes are available in Bellevue, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The Bellevue real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 55
0.0%
3 55
0.0%
4 64
-33.3%
5+ 25
+150.0%

Summary: The Bellevue housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellevue, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bellevue in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bellevue, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days20 Days-41.2%

Summary: Homes in Bellevue had an average of 20 days on market in Nov 2024, down by 41.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Bellevue; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

Newest Listings in Bellevue, PA

Nearby Markets to Bellevue, PA

What housing markets are near Bellevue, PA?