Is Bethel Park, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel Park is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Bethel Park has remained a Seller's Market.

Key Takeaway

Bethel Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bethel Park, PA

How much do homes in Bethel Park, PA cost?

Median Sold Price

$284,166

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$14,666(+5.4%)

Key Takeaway

Homes in Bethel Park have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Bethel Park was $284,166 in September 2024, up 5.4% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $120K$128K
+6.7%
2 $179.4K$191.6K
+6.8%
3 $255K$255K
0.0%
4 $360K$380K
+5.6%
5+ $388K$423K
+9.0%

Summary: Bethel Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 6.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Cities

Upper Saint Clair Township
+14.2%
Castle Shannon
+5.7%
Bethel Park
+5.4%
South Park
+2.7%
South Park Township
+2.4%

Housing Supply in Bethel Park, PA

How many homes are available in Bethel Park, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
9492-2.1%

Summary: The Bethel Park real estate market had 92 homes for sale in September 2024, a 2.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 4954
+10.2%
4 2922
-24.1%
5+ 54
-20.0%

Summary: The Bethel Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3322-33.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel Park, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Bethel Park in September 2024, down by 33.3% month-over-month. Of the 22 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.

Days on Market for Bethel Park, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
19 Days24 Days+29.9%

Summary: Homes in Bethel Park had an average of 24 days on market in Sep 2024, up by 29.9% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 22 homes were sold in Bethel Park; 77% of homes were sold within 30 days, 23% 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 30 Days Ago

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