Is New Brighton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, New Brighton was a Seller's Market.
Housing Prices in New Brighton, PA
How much do homes in New Brighton, PA cost?
Median Sold Price
$140,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in New Brighton was $140,000 in May 2024, down 7% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $40K | N/A |
2 Bedrooms | $94.7K | $83.2K | -12.1% |
3 Bedrooms | $161.2K | $151K | -6.4% |
4 Bedrooms | $179.9K | $165K | -8.3% |
5+ Bedrooms | $202.5K | $265K | +30.9% |
Summary: New Brighton 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 decreased by 12.1%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 30.9%.
Median Sold Price Compared To Nearby Cities
Beaver Falls | $175K | $183.8K | +5.1% |
Pulaski Township | $224.5K | $230K | +2.4% |
Rochester Township | $138.5K | $135.5K | -2.2% |
New Brighton | $150.5K | $140K | -7.0% |
Housing Supply in New Brighton, PA
How many homes are available in New Brighton, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 29 | -9.4% |
Summary: The New Brighton real estate market had 29 homes for sale in May 2024, a 9.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 13 | 10 | -23.1% |
4 Bedrooms | 13 | 9 | -30.8% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The New Brighton 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 60%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in New Brighton in May 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 37 Days | +26.9% |
Summary: Homes in New Brighton had an average of 37 days on market in May 2024, up by 26.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in New Brighton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.