Is Brecknock 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, Brecknock Township was a Buyer's Market.
Key Takeaway
Brecknock Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brecknock Township, PA
How much do homes in Brecknock Township, PA cost?
Median Sold Price
$415,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Brecknock Township have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in Brecknock Township was $415,000 in March 2024, up 17.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252.5K | $230K | -8.9% |
| 3 Bedrooms | $335K | $392.5K | +17.2% |
| 4 Bedrooms | $484K | $420K | -13.2% |
| 5+ Bedrooms | $425K | $600K | +41.2% |
Summary: Brecknock 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 8.9%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 41.2%.
Median Sold Price Compared To Nearby Cities
| Brecknock Township | $354K | $415K | +17.2% |
| Cumru Township | $230K | $265K | +15.2% |
| Spring Township | $295K | $295K | 0.0% |
| Robeson Township | $459.9K | $430K | -6.5% |
Housing Supply in Brecknock Township, PA
How many homes are available in Brecknock Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Brecknock Township real estate market had 11 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Brecknock 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 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Brecknock Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Brecknock Township in March 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Brecknock Township, PA
How long does it take to sell a home in Brecknock Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 9 Days | 91 Days | +911.1% |
Summary: Homes in Brecknock Township had an average of 91 days on market in Mar 2024, up by 911.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Brecknock Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 3 homes were sold in Brecknock Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
