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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vandergrift is a neutral's market

Buyer's
Market

Difference Since December 2023

Since last year, Vandergrift has remained a Neutral Market.

Key Takeaway

Vandergrift 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 Vandergrift, PA

How much do homes in Vandergrift, PA cost?

Median Sold Price

$120,000

$114/sqft

Based on all homes sold in the last 12 months.

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

Key Takeaway

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

Summary: The median home sold price in Vandergrift was $120,000 in December 2024, the same as last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $55K$24.5K
-55.5%
2 $96K$112.4K
+17.1%
3 $122.5K$120K
-2.1%
4 $134.5K$173.5K
+29.0%
5+ $90K$340K
+277.8%

Summary: Vandergrift housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.5%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 277.8%.

Median Sold Price Compared To Nearby Cities

Allegheny Township
+7.8%
Vandergrift
0.0%

Housing Supply in Vandergrift, PA

How many homes are available in Vandergrift, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4744-6.4%

Summary: The Vandergrift real estate market had 44 homes for sale in December 2024, a 6.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1413
-7.1%
3 2523
-8.0%
4 78
+14.3%
5+ 10
-100.0%

Summary: The Vandergrift housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vandergrift, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Vandergrift in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Vandergrift, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days78 Days+221.3%

Summary: Homes in Vandergrift had an average of 78 days on market in Dec 2024, up by 221.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Vandergrift has remained consistent over time.

Summary: During December 2024, 7 homes were sold in Vandergrift; 0% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 29% 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 4 Days Ago

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