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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berwick Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Berwick Township has remained a Seller's Market.

Key Takeaway

Berwick Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Berwick Township, PA

How much do homes in Berwick Township, PA cost?

Median Sold Price

$209,950

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,000(+19.3%)

Key Takeaway

Homes in Berwick Township have sold for 19.3% more than they did a year ago.

Summary: The median home sold price in Berwick Township was $209,950 in October 2024, up 19.3% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $83.5K$132.9K
+59.3%
2 $140K$154K
+10.0%
3 $185K$207.7K
+12.3%
4 $264.5K$239K
-9.6%
5+ $182K$270K
+48.4%

Summary: Berwick Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 48.4%.

Median Sold Price Compared To Nearby Cities

Berwick Township
+19.3%
Abbottstown
+18.3%
Paradise Township
0.0%
Penn Township
-0.4%

Housing Supply in Berwick Township, PA

How many homes are available in Berwick Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5654-3.6%

Summary: The Berwick Township real estate market had 54 homes for sale in October 2024, a 3.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 106
-40.0%
3 3733
-10.8%
4 611
+83.3%
5+ 34
+33.3%

Summary: The Berwick Township 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 10.8%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berwick Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Berwick Township in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Berwick Township, PA

How long does it take to sell a home in Berwick Township, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days8 Days-61.9%

Summary: Homes in Berwick Township had an average of 8 days on market in Oct 2024, down by 61.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Berwick Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Berwick Township; 17% 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.

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

Report Updated 20 Days Ago

Newest Listings in Berwick Township, PA

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