$1,484 Closing Credit*
$125,000
912 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kevin Honsberger, Listing Office: Deacon & Hoover Real Estate Advisors Llc
Is Versailles, 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, Versailles has remained a Seller's Market.
Key Takeaway
Versailles is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Versailles, PA
How much do homes in Versailles, PA cost?
Median Sold Price
$127,000
$97/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$49,000(+62.8%)
Key Takeaway
Homes in Versailles have sold for 62.8% more than they did a month ago.
Summary: The median home sold price in Versailles was $127,000 in November 2024, up 62.8% from last month, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144K | - | N/A |
| 3 Bedrooms | $70.7K | $127K | +79.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Versailles 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 did not change, 3 bedroom homes increased by 79.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Versailles, PA
How many homes are available in Versailles, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Versailles real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Versailles housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Versailles, 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 Versailles in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Versailles, PA
How long does it take to sell a home in Versailles, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 Days | 18 Days | -81.9% |
Summary: Homes in Versailles had an average of 18 days on market in Nov 2024, down by 81.9% 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 Versailles are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Versailles; 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.
