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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bradford is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Bradford was a Buyer's Market.

Key Takeaway

Bradford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bradford, PA

How much do homes in Bradford, PA cost?

Median Sold Price

$112,450

$83/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$2,450(+2.2%)

Key Takeaway

Homes in Bradford have sold for 2.2% more than they did a month ago.

Summary: The median home sold price in Bradford was $112,450 in October 2024, up 2.2% from last month, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $43K$85.4K
+98.7%
3 $178.3K$139.9K
-21.5%
4 $65K$129.9K
+99.8%
5+ --
N/A

Summary: Bradford housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 98.7%, 3 bedroom homes decreased by 21.5%, 4 bedroom homes increased by 99.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bradford
+2.2%
Bradford Township
+2.2%

Housing Supply in Bradford, PA

How many homes are available in Bradford, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3440+17.6%

Summary: The Bradford real estate market had 40 homes for sale in October 2024, a 17.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 1517
+13.3%
4 1212
0.0%
5+ 01
+100.0%

Summary: The Bradford 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 increased by 42.9%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bradford, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Bradford in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Bradford, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
55 Days29 Days-47.3%

Summary: Homes in Bradford had an average of 29 days on market in Oct 2024, down by 47.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Bradford; 50% of homes were sold within 30 days, 50% 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 Bradford, PA

Nearby Markets to Bradford, PA