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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Branch Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Branch Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Branch Township, PA

How much do homes in Branch Township, PA cost?

Median Sold Price

$380,000

$191/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$100,100(+35.8%)

Key Takeaway

Homes in Branch Township have sold for 35.8% more than they did a month ago.

Summary: The median home sold price in Branch Township was $380,000 in September 2024, up 35.8% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $279.9K$380K
+35.8%
5+ --
N/A

Summary: Branch Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 35.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Branch Township
+35.8%
Minersville
+5.1%

Housing Supply in Branch Township, PA

How many homes are available in Branch Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
54-20.0%

Summary: The Branch Township real estate market had 4 homes for sale in September 2024, a 20.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Branch Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Branch Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Branch Township in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Branch Township, PA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
4 Days3 Days-12.5%

Summary: Homes in Branch Township had an average of 3 days on market in Sep 2024, down by 12.5% compared to last month.

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 Branch Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Branch Township; 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 Sep 1, 2024

Newest Listings in Branch Township, PA

Nearby Markets to Branch Township, PA

What housing markets are near Branch Township, PA?