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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berwick is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Berwick was a Seller's Market.

Key Takeaway

Berwick is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Berwick, PA

How much do homes in Berwick, PA cost?

Median Sold Price

$193,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,000(+12.2%)

Key Takeaway

Homes in Berwick have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Berwick was $193,000 in November 2024, up 12.2% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $83.5K$136K
+62.9%
2 $140.8K$158K
+12.2%
3 $180K$197K
+9.4%
4 $237.5K$214.9K
-9.5%
5+ $155K$193K
+24.5%

Summary: Berwick housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.9%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 24.5%.

Median Sold Price Compared To Nearby Cities

Berwick
+12.2%
Briar Creek Township
+10.4%

Housing Supply in Berwick, PA

How many homes are available in Berwick, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4838-20.8%

Summary: The Berwick real estate market had 38 homes for sale in November 2024, a 20.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2820
-28.6%
4 87
-12.5%
5+ 66
0.0%

Summary: The Berwick housing inventory by bedroom type for November 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 28.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berwick, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Berwick in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Berwick, PA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Berwick, PA

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What housing markets are near Berwick, PA?