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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brecknock Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Brecknock Township has remained a Seller'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

$372,500

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$47,500(-11.3%)

Key Takeaway

Homes in Brecknock Township have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in Brecknock Township was $372,500 in September 2024, down 11.3% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $375K$325K
-13.3%
3 $411K$360K
-12.4%
4 $417.5K$485K
+16.2%
5+ $465K$600K
+29.0%

Summary: Brecknock Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 29%.

Median Sold Price Compared To Nearby Cities

Cumru Township
+6.3%
Reinholds
+5.5%
Spring Township
+5.3%
Brecknock Township
-11.3%
Robeson Township
-21.1%

Housing Supply in Brecknock Township, PA

How many homes are available in Brecknock Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
912+33.3%

Summary: The Brecknock Township real estate market had 12 homes for sale in September 2024, a 33.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 57
+40.0%
5+ 11
0.0%

Summary: The Brecknock Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brecknock Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Brecknock Township in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Sep 2023Sep 2024CHANGE
54 Days34 Days-37.9%

Summary: Homes in Brecknock Township had an average of 34 days on market in Sep 2024, down by 37.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brecknock Township has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Brecknock Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Brecknock Township, PA

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