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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bern Township is a seller's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in Bern Township, PA cost?

Median Sold Price

$300,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$35,000(+13.2%)

Key Takeaway

Homes in Bern Township have sold for 13.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $151K-
N/A
2 $192.2K$240.5K
+25.1%
3 $252.4K$280K
+10.9%
4 $300K$479.9K
+60.0%
5+ $380K$550K
+44.7%

Median Sold Price Compared To Nearby Cities

Lower Heidelberg Township
+31.7%
Muhlenberg Township
+14.0%
Bern Township
+13.2%

How many homes are available in Bern Township, PA?

Number of Homes For Sale

Dec 2022Jan 2023%
1514-6.7%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 74
-42.9%
4 24
+100.0%
5+ 66
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bern Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
39 Days34 Days-10.8%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Bern Township, PA

Bern Township, PA has 14 homes on the market. The number of listings in Bern Township, PA decreased by 6.7% between December 2022 and January 2023. In January 2023, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $300,000. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 25.1%, the cost of 3 bedrooms properties went up by 10.9%, 4 bedrooms properties became 60% more expensive, the cost of 5 bedrooms properties went up by 44.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 42.9% less available, volume of 4 bedrooms homes went up by 100%, the quantity of 5 bedrooms homes have not changed. Bern Township, PA housing market in January 2023 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 3 sold below.

Related Housing Market Reports