Is Brownsville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownsville is a 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

$124,950

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$33,425(+36.5%)

Key Takeaway

Homes in Brownsville have sold for 36.5% more than they did a year ago.

Summary: The median home sold price in Brownsville was $124,950 in May 2024, up 36.5% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $40K-
N/A
2 $82.5K$85K
+3.0%
3 $95K$124.9K
+31.5%
4 $121.2K$189.5K
+56.4%
5+ --
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 3%, 3 bedroom homes increased by 31.5%, 4 bedroom homes increased by 56.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brownsville
+50.0%
Brownsville
+36.5%

Housing Supply in Brownsville, PA

How many homes are available in Brownsville, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3328-15.2%

Summary: The Brownsville real estate market had 28 homes for sale in May 2024, a 15.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2216
-27.3%
4 22
0.0%
5+ 11
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 increased by 12.5%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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, the same as the previous 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 2023May 2024CHANGE
70 Days17 Days-75.7%

Summary: Homes in Brownsville had an average of 17 days on market in May 2024, down by 75.7% 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Brownsville, PA

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