Is Brecknock Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brecknock Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Brecknock Township has remained a Seller's Market.

Key Takeaway

Brecknock Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brecknock Township, PA

How much do homes in Brecknock Township, PA cost?

Median Sold Price

$400,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$11,000(-2.7%)

Key Takeaway

Homes in Brecknock Township have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Brecknock Township was $400,000 in April 2024, down 2.7% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $365K$230K
-37.0%
3 $411K$380K
-7.5%
4 $415K$420K
+1.2%
5+ $582.5K$532.5K
-8.6%

Summary: Brecknock Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Cities

Cumru Township
+15.2%
Spring Township
+3.8%
Robeson Township
+2.7%
Brecknock Township
-2.7%

Housing Supply in Brecknock Township, PA

How many homes are available in Brecknock Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
64-33.3%

Summary: The Brecknock Township real estate market had 4 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 41
-75.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The Brecknock Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brecknock Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Brecknock Township in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brecknock Township, PA

How long does it take to sell a home in Brecknock Township, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
25 Days1 Day-96.1%

Summary: Homes in Brecknock Township had an average of 1 days on market in Apr 2024, down by 96.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brecknock Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Brecknock Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Brecknock Township, PA

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