With only 1.0 months of inventory, Bellefonte remains a seller's market. The median home price in Bellefonte currently stands at $114,500. At the current pace, all available homes in Bellefonte would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 34 days to sell, which is 0 days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Bellefonte market with the affordability index at 1186.5. Based on current market indicators, home prices in Bellefonte are projected to increase by approximately 9.9% over the next month.