Is Berwick, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Berwick was a Seller's Market.
Key Takeaway
Berwick is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Berwick, PA
How much do homes in Berwick, PA cost?
Median Sold Price
$193,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Berwick have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Berwick was $193,000 in June 2024, up 16.3% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.5K | $85K | -13.7% |
| 2 Bedrooms | $133.5K | $157.5K | +18.0% |
| 3 Bedrooms | $179.9K | $183.5K | +1.9% |
| 4 Bedrooms | $171K | $233.7K | +36.7% |
| 5+ Bedrooms | $155K | $201.5K | +30.0% |
Summary: Berwick housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.7%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Cities
| Berwick | $166K | $193K | +16.3% |
| Mifflin Township | $189.9K | $213.3K | +12.3% |
| Salem Township | $222K | $220.7K | -0.6% |
| Briar Creek Township | $240K | $229.2K | -4.5% |
Housing Supply in Berwick, PA
How many homes are available in Berwick, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 45 | 40 | -11.1% |
Summary: The Berwick real estate market had 40 homes for sale in June 2024, a 11.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Berwick housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 19 | 6 | -68.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berwick, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Berwick in June 2024, down by 68.4% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Berwick, PA
We’re sorry, we don't have information for this market at the moment
