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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braddock is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Braddock was a Neutral Market.

Key Takeaway

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

Housing Prices in Braddock, PA

How much do homes in Braddock, PA cost?

Median Sold Price

$82,500

$57/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,750(+62.6%)

Key Takeaway

Homes in Braddock have sold for 62.6% more than they did a year ago.

Summary: The median home sold price in Braddock was $82,500 in October 2024, up 62.6% from last year, and the median price per square foot was $57.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $38.9K$75K
+92.8%
3 $60K$93.9K
+56.6%
4 $77K$37.6K
-51.2%
5+ $44.2K$210K
+374.6%

Summary: Braddock housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 92.8%, 3 bedroom homes increased by 56.6%, 4 bedroom homes decreased by 51.2%, and 5+ bedroom homes increased by 374.6%.

Median Sold Price Compared To Nearby Cities

North Braddock
+98.0%
Braddock
+62.6%

Housing Supply in Braddock, PA

How many homes are available in Braddock, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The Braddock real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 912
+33.3%
4 20
-100.0%
5+ 21
-50.0%

Summary: The Braddock 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Braddock in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Braddock, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
89 Days95 Days+6.3%

Summary: Homes in Braddock had an average of 95 days on market in Oct 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Braddock has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Braddock; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Braddock, PA

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