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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barrett Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Barrett Township was a Seller's Market.

Key Takeaway

Barrett Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Barrett Township, PA

How much do homes in Barrett Township, PA cost?

Median Sold Price

$210,000

$183/sqft

Based on all homes sold in March 2024.

The Median Sold Price hasn't changed since February 2024.

Key Takeaway

The sold price of homes in Barrett Township has remained the same since last month.

Summary: The median home sold price in Barrett Township was $210,000 in March 2024, the same as last month, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $205K$210K
+2.4%
4 --
N/A
5+ $1.8M-
N/A

Summary: Barrett Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cresco
+60.7%
Barrett Township
0.0%

Housing Supply in Barrett Township, PA

How many homes are available in Barrett Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
990.0%

Summary: The Barrett Township real estate market had 9 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 00
0.0%
5+ 21
-50.0%

Summary: The Barrett Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barrett Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Barrett Township, PA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
5 Days6 Days+12.5%

Summary: Homes in Barrett Township had an average of 6 days on market in Mar 2024, up by 12.5% compared to last month.

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 Barrett Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Barrett 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 24 Days Ago

Newest Listings in Barrett Township, PA

Nearby Markets to Barrett Township, PA