Is Bern Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bern Township was a Buyer's Market.
Key Takeaway
Bern Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bern Township, PA
How much do homes in Bern Township, PA cost?
Median Sold Price
$360,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bern Township have sold for 20% more than they did a year ago.
Summary: The median home sold price in Bern Township was $360,000 in March 2024, up 20% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $281K | $265K | -5.7% |
| 3 Bedrooms | $287K | $312.7K | +9.0% |
| 4 Bedrooms | $390K | $435K | +11.5% |
| 5+ Bedrooms | $433K | $855K | +97.5% |
Summary: Bern Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 97.5%.
Median Sold Price Compared To Nearby Cities
| Leesport | $205K | $344.8K | +68.2% |
| Muhlenberg Township | $230K | $280K | +21.7% |
| Bern Township | $300K | $360K | +20.0% |
| Ontelaunee Township | $341.1K | $358.9K | +5.2% |
| Lower Heidelberg Township | $534.2K | $540.5K | +1.2% |
Housing Supply in Bern Township, PA
How many homes are available in Bern Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Summary: The Bern Township real estate market had 28 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Bern 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 remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bern Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bern Township in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Bern Township, PA
How long does it take to sell a home in Bern Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 11 Days | 34 Days | +202.6% |
Summary: Homes in Bern Township had an average of 34 days on market in Mar 2024, up by 202.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bern Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Bern Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
