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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bradford Township is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Bradford Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Bradford Township, PA

How much do homes in Bradford Township, PA cost?

Median Sold Price

$100,000

$74/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,000(-9.1%)

Key Takeaway

Homes in Bradford Township have sold for 9.1% less than they did a year ago.

Summary: The median home sold price in Bradford Township was $100,000 in April 2024, down 9.1% from last year, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$48.5K
N/A
2 $69.9K$73.9K
+5.7%
3 $110K$100K
-9.1%
4 $148.2K$129.9K
-12.4%
5+ $196.5K$118K
-39.9%

Summary: Bradford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 39.9%.

Housing Supply in Bradford Township, PA

How many homes are available in Bradford Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3930-23.1%

Summary: The Bradford Township real estate market had 30 homes for sale in April 2024, a 23.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 87
-12.5%
3 1010
0.0%
4 138
-38.5%
5+ 64
-33.3%

Summary: The Bradford Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

4 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 Bradford Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Bradford Township in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Bradford Township, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days116 Days+494.1%

Summary: Homes in Bradford Township had an average of 116 days on market in Apr 2024, up by 494.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bradford Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 6 homes were sold in Bradford Township; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% 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 16 Days Ago

Newest Listings in Bradford Township, PA

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