$29,000
0.18 Acres
Land
#20-98794, MARC NESPOLI, Listing Office: EXP Realty, LLC
Is Berwick, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Berwick has remained a Seller's Market.
Key Takeaway
Berwick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berwick, PA
How much do homes in Berwick, PA cost?
Median Sold Price
$199,500
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,500(+20.9%)
Key Takeaway
Homes in Berwick have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Berwick was $199,500 in October 2024, up 20.9% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83.5K | $136K | +62.9% |
| 2 Bedrooms | $137K | $154K | +12.4% |
| 3 Bedrooms | $179K | $200K | +11.7% |
| 4 Bedrooms | $203.1K | $215K | +5.8% |
| 5+ Bedrooms | $167.5K | $210K | +25.4% |
Summary: Berwick housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.9%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 25.4%.
Median Sold Price Compared To Nearby Cities
| Mifflin Township | $160.1K | $217K | +35.5% |
| Berwick | $165K | $199.5K | +20.9% |
| Briar Creek Township | $216K | $243.5K | +12.7% |
| Salem Township | $203K | $227K | +11.8% |
Housing Supply in Berwick, PA
How many homes are available in Berwick, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 47 | -2.1% |
Summary: The Berwick real estate market had 47 homes for sale in October 2024, a 2.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Berwick housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berwick, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Berwick in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for Berwick, PA
How long does it take to sell a home in Berwick, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 16 Days | -63.6% |
Summary: Homes in Berwick had an average of 16 days on market in Oct 2024, down by 63.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berwick are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Berwick; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
