$1,068 Closing Credit*
$89,900
3 Beds
•2 Full Baths
Kevin Uffelman, Listing Office: Keller Williams Realty
Is West Newton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, West Newton was a Seller's Market.
Key Takeaway
West Newton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Newton, PA
How much do homes in West Newton, PA cost?
Median Sold Price
$186,250
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,750(+26.3%)
Key Takeaway
Homes in West Newton have sold for 26.3% more than they did a year ago.
Summary: The median home sold price in West Newton was $186,250 in November 2024, up 26.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $149K | N/A |
| 2 Bedrooms | $112K | $123.5K | +10.3% |
| 3 Bedrooms | $173.5K | $183.2K | +5.6% |
| 4 Bedrooms | $189.9K | $254.5K | +34.0% |
| 5+ Bedrooms | - | $70K | N/A |
Summary: West Newton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 34%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Belle Vernon | $165K | $216K | +30.9% |
| West Newton | $147.5K | $186.2K | +26.3% |
| Rostraver Township | $228K | $260K | +14.0% |
Housing Supply in West Newton, PA
How many homes are available in West Newton, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 20 | +42.9% |
Summary: The West Newton real estate market had 20 homes for sale in November 2024, a 42.9% increase 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 | 2 | 5 | +150.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The West Newton 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 increased by 150%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
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 West Newton, 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 West Newton in November 2024, up by 100.0% month-over-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 West Newton, PA
How long does it take to sell a home in West Newton, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 17 Days | -38.6% |
Summary: Homes in West Newton had an average of 17 days on market in Nov 2024, down by 38.6% compared to last year.
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 West Newton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in West Newton; 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.
