$5,641 Closing Credit*
$475,000
2,312 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kerrie Pelliccione, Listing Office: Berkshire Hathaway The Preferred 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 October 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
$181,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,500(+29.6%)
Key Takeaway
Homes in West Newton have sold for 29.6% more than they did a year ago.
Summary: The median home sold price in West Newton was $181,500 in October 2024, up 29.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $149K | N/A |
| 2 Bedrooms | $106K | $123.5K | +16.5% |
| 3 Bedrooms | $180K | $178K | -1.1% |
| 4 Bedrooms | $189.9K | $263K | +38.5% |
| 5+ Bedrooms | - | $70K | N/A |
Summary: West Newton 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 16.5%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Newton | $140K | $181.5K | +29.6% |
| Belle Vernon | $169.4K | $215K | +26.9% |
| Rostraver Township | $226K | $260K | +15.0% |
Housing Supply in West Newton, PA
How many homes are available in West Newton, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Summary: The West Newton real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The West Newton 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 100%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Newton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in West Newton in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 42 Days | +472.7% |
Summary: Homes in West Newton had an average of 42 days on market in Oct 2024, up by 472.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Newton has remained consistent over time.
Summary: During October 2024, 1 homes were sold in West Newton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
