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Is Norvelt, PA 15674 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Norvelt is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft—

The Norvelt housing market right now

In the three months ending August 31, 2026, 0% of homes in Norvelt, PA 15674 sold above their list price and the typical home went under contract in 29 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (88 days then) and the median sale price fell 39% to $224,903. Overall, Norvelt is more competitive than a year ago, so tougher for buyers.

Within Westmoreland County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Bolivar 15923 (100% sold over asking) and Ruffs Dale 15679 (67% sold over asking) are even more competitive.

Run the numbers for 15674

Prefilled for 15674Can I win this house?Multiple-offer likelihood for a listing Prefilled for 15674Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Acme 15610Seller’s market $102 /sq ftAdamsburg 15611 — /sq ftAlverton 15612 — /sq ftApollo 15613Seller’s market $170 /sq ft Browse all markets →

Where Norvelt is

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Questions about Norvelt real estate

How fast do homes sell in Norvelt?

The typical home went under contract in 29 days in the latest three months.

Do homes in Norvelt sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Norvelt?

About 1.23% of a home’s value a year in Westmoreland County, or roughly $4,920 on a $400,000 home.

What is the median home price in Norvelt?

The median sale price was $224,903 in the three months ending August 31, 2026.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology