Is Brownsville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brownsville has remained a Seller's Market.
Key Takeaway
Brownsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brownsville, PA
How much do homes in Brownsville, PA cost?
Median Sold Price
$135,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brownsville have sold for 50% more than they did a year ago.
Summary: The median home sold price in Brownsville was $135,000 in May 2024, up 50% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | - | N/A |
| 2 Bedrooms | $73.7K | $107.1K | +45.3% |
| 3 Bedrooms | $90K | $140K | +55.5% |
| 4 Bedrooms | $115K | $194K | +68.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Brownsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.3%, 3 bedroom homes increased by 55.5%, 4 bedroom homes increased by 68.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Brownsville | $90K | $135K | +50.0% |
| Brownsville Township | $90K | $135K | +50.0% |
| Brownsville | $91.5K | $124.9K | +36.5% |
Housing Supply in Brownsville, PA
How many homes are available in Brownsville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 32 | 28 | -12.5% |
Summary: The Brownsville real estate market had 28 homes for sale in May 2024, a 12.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 23 | 17 | -26.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Brownsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 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 Brownsville, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Brownsville in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Brownsville, PA
How long does it take to sell a home in Brownsville, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 65 Days | 17 Days | -74.0% |
Summary: Homes in Brownsville had an average of 17 days on market in May 2024, down by 74% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brownsville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Brownsville; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
