Is Bellevue, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bellevue has remained a Seller's Market.
Housing Prices in Bellevue, PA
How much do homes in Bellevue, PA cost?
Median Sold Price
$230,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bellevue was $230,000 in May 2024, up 9.5% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $122K | $157.5K | +29.1% |
3 Bedrooms | $210K | $230K | +9.5% |
4 Bedrooms | $254.2K | $235.5K | -7.4% |
5+ Bedrooms | $275K | $285K | +3.6% |
Summary: Bellevue housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Mc Kees Rocks | $154.9K | $185K | +19.4% |
Bellevue | $210K | $230K | +9.5% |
Avalon | $175K | $190K | +8.6% |
Ross Township | $252.8K | $270.5K | +7.0% |
Pittsburgh | $230.7K | $241.5K | +4.7% |
Housing Supply in Bellevue, PA
How many homes are available in Bellevue, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The Bellevue real estate market had 20 homes for sale in May 2024, a 5.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Bellevue housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Bellevue in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Bellevue, PA
How long does it take to sell a home in Bellevue, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 53 Days | +51.4% |
Summary: Homes in Bellevue had an average of 53 days on market in May 2024, up by 51.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Bellevue; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.