Is Berwick 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, Berwick Township was a Seller's Market.
Key Takeaway
Berwick Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Berwick Township, PA
How much do homes in Berwick Township, PA cost?
Median Sold Price
$196,391
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Berwick Township have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in Berwick Township was $196,391 in March 2024, up 16.2% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $85K | -26.1% |
| 2 Bedrooms | $141.5K | $146.5K | +3.5% |
| 3 Bedrooms | $176.5K | $192.5K | +9.1% |
| 4 Bedrooms | $173.5K | $264K | +52.2% |
| 5+ Bedrooms | $168K | $178.1K | +6.1% |
Summary: Berwick Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.1%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Abbottstown | $254.9K | $324.9K | +27.4% |
| Berwick Township | $169K | $196.3K | +16.2% |
| Penn Township | $254.6K | $275K | +8.0% |
| Paradise Township | $350K | $299.9K | -14.3% |
Housing Supply in Berwick Township, PA
How many homes are available in Berwick Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 50 | -2.0% |
Summary: The Berwick Township real estate market had 50 homes for sale in March 2024, a 2.0% decrease 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Berwick 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 5 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berwick Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Berwick Township in March 2024, down by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Berwick Township, PA
How long does it take to sell a home in Berwick Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 151 Days | +387.1% |
Summary: Homes in Berwick Township had an average of 151 days on market in Mar 2024, up by 387.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Berwick Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 5 homes were sold in Berwick Township; 0% 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.
