Is New Brighton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, New Brighton has remained a Seller's Market.
Housing Prices in New Brighton, PA
How much do homes in New Brighton, PA cost?
Median Sold Price
$148,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Brighton was $148,000 in April 2024, up 19.4% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $40K | -33.3% |
2 Bedrooms | $84.5K | $83.2K | -1.5% |
3 Bedrooms | $125K | $155K | +24.0% |
4 Bedrooms | $154K | $167.5K | +8.8% |
5+ Bedrooms | $199.7K | $205K | +2.6% |
Summary: New Brighton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Beaver Falls | $134.9K | $184.3K | +36.6% |
New Brighton | $124K | $148K | +19.4% |
Daugherty Township | $227.5K | $227K | -0.2% |
Rochester Township | $150K | $135K | -10.0% |
Housing Supply in New Brighton, PA
How many homes are available in New Brighton, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 32 | -15.8% |
Summary: The New Brighton real estate market had 32 homes for sale in April 2024, a 15.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 16 | 13 | -18.8% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Brighton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in New Brighton in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for New Brighton, PA
How long does it take to sell a home in New Brighton, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 41 Days | -50.7% |
Summary: Homes in New Brighton had an average of 41 days on market in Apr 2024, down by 50.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in New Brighton; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.