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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brackenridge is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Brackenridge, PA

How much do homes in Brackenridge, PA cost?

Median Sold Price

$129,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,000(+3.2%)

Key Takeaway

Homes in Brackenridge have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Brackenridge was $129,000 in November 2024, up 3.2% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $126.4K$128.7K
+1.9%
3 $115K$128K
+11.3%
4 $150K$140K
-6.7%
5+ --
N/A

Summary: Brackenridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brackenridge
+3.2%
Lower Burrell
+2.6%
Natrona Heights
-1.2%
Harrison Township
-1.7%

Housing Supply in Brackenridge, PA

How many homes are available in Brackenridge, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1310-23.1%

Summary: The Brackenridge real estate market had 10 homes for sale in November 2024, a 23.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 43
-25.0%
3 77
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Brackenridge housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 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 Brackenridge, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Brackenridge in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Brackenridge, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days10 Days-75.0%

Summary: Homes in Brackenridge had an average of 10 days on market in Nov 2024, down by 75% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Brackenridge; 100% 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 17 Days Ago

Newest Listings in Brackenridge, PA

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