Is Bradford, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bradford is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Bradford, PA

How much do homes in Bradford, PA cost?

Median Sold Price

$101,760

$74/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$740(-0.7%)

Key Takeaway

Homes in Bradford have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Bradford was $101,760 in March 2024, down 0.7% from last year, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$48.5K
N/A
2 $69.9K$71.9K
+2.8%
3 $101.2K$120K
+18.5%
4 $151.5K$134.9K
-11.0%
5+ $196.5K$95K
-51.7%

Summary: Bradford 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 increased by 2.8%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 51.7%.

Median Sold Price Compared To Nearby Cities

Bradford
-0.7%
Bradford Township
-0.7%
Foster Township
-14.0%

Housing Supply in Bradford, PA

How many homes are available in Bradford, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4339-9.3%

Summary: The Bradford real estate market had 39 homes for sale in March 2024, a 9.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 57
+40.0%
3 1310
-23.1%
4 1614
-12.5%
5+ 86
-25.0%

Summary: The Bradford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Bradford in March 2024, down by 9.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for Bradford, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
63 Days76 Days+22.1%

Summary: Homes in Bradford had an average of 76 days on market in Mar 2024, up by 22.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 10 homes were sold in Bradford; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 18 Days Ago

Newest Listings in Bradford, PA

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