$6,464 Closing Credit*
$544,316
2,766 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ronalyn Mitcheltree, Listing Office: Howard Hanna Real Estate Services
Is Bessemer, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bessemer has remained a Seller's Market.
Key Takeaway
Bessemer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bessemer, PA
How much do homes in Bessemer, PA cost?
Median Sold Price
$111,500
$63/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$66,000(+145.1%)
Key Takeaway
Homes in Bessemer have sold for 145.1% more than they did a month ago.
Summary: The median home sold price in Bessemer was $111,500 in November 2024, up 145.1% from last month, and the median price per square foot was $63.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47.5K | - | N/A |
| 2 Bedrooms | $43.5K | $93K | +113.8% |
| 3 Bedrooms | - | $130K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bessemer housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 113.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bessemer | $45.5K | $111.5K | +145.1% |
| North Beaver Township | $395K | $238K | -39.7% |
Housing Supply in Bessemer, PA
How many homes are available in Bessemer, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Bessemer real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bessemer 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bessemer, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bessemer in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bessemer, PA
How long does it take to sell a home in Bessemer, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 201 Days | 50 Days | -74.9% |
Summary: Homes in Bessemer had an average of 50 days on market in Nov 2024, down by 74.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bessemer are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Bessemer; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
