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 October 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

$283,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,366(+3.8%)

Key Takeaway

Homes in Bethel Park have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Bethel Park was $283,000 in October 2024, up 3.8% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K-
N/A
2 $188.9K$197.5K
+4.6%
3 $255K$264K
+3.5%
4 $362.5K$377K
+4.0%
5+ $399K$419K
+5.0%

Summary: Bethel Park 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 increased by 4.6%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Cities

Upper Saint Clair Township
+13.7%
Castle Shannon
+12.9%
South Park
+6.6%
Bethel Park
+3.8%
South Park Township
+1.7%

Housing Supply in Bethel Park, PA

How many homes are available in Bethel Park, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
88107+21.6%

Summary: The Bethel Park real estate market had 107 homes for sale in October 2024, a 21.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1222
+83.3%
3 5258
+11.5%
4 2022
+10.0%
5+ 45
+25.0%

Summary: The Bethel Park 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 increased by 83.3%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2524-4.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Bethel Park in October 2024, down by 4.0% month-over-month. Of the 24 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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

Oct 2023Oct 2024CHANGE
25 Days30 Days+21.2%

Summary: Homes in Bethel Park had an average of 30 days on market in Oct 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 24 homes were sold in Bethel Park; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

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