Is Brighton Heights, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brighton Heights has remained a Seller's Market.
Key Takeaway
Brighton Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brighton Heights, PA
How much do homes in Brighton Heights, PA cost?
Median Sold Price
$196,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Brighton Heights have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in Brighton Heights was $196,000 in March 2024, down 7.4% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $136.2K | $166K | +21.8% |
| 3 Bedrooms | $213.4K | $180K | -15.7% |
| 4 Bedrooms | $279K | $250K | -10.4% |
| 5+ Bedrooms | $367.2K | $324.9K | -11.5% |
Summary: Brighton Heights 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 21.8%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Perry North | $141K | $167.6K | +18.9% |
| North Side | $190.1K | $179.8K | -5.4% |
| Brighton Heights | $211.7K | $196K | -7.4% |
| Marshall-Shadeland | $99K | $71.5K | -27.8% |
Housing Supply in Brighton Heights, PA
How many homes are available in Brighton Heights, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 34 | +21.4% |
Summary: The Brighton Heights real estate market had 34 homes for sale in March 2024, a 21.4% increase 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Brighton Heights 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 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brighton Heights, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Brighton Heights in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Brighton Heights, PA
How long does it take to sell a home in Brighton Heights, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 37 Days | -48.1% |
Summary: Homes in Brighton Heights had an average of 37 days on market in Mar 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brighton Heights are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Brighton Heights; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
