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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brecknock Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Brecknock Township, PA

How much do homes in Brecknock Township, PA cost?

Median Sold Price

$375,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+4.2%)

Key Takeaway

Homes in Brecknock Township have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Brecknock Township was $375,000 in October 2024, up 4.2% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $265K$261K
-1.5%
3 $342.5K$345K
+0.7%
4 $435K$470K
+8.0%
5+ $606K$847.9K
+39.9%

Summary: Brecknock Township 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 decreased by 1.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 39.9%.

Median Sold Price Compared To Nearby Cities

Brecknock Township
+4.2%
East Earl Township
+3.8%
East Earl
0.0%
Brecknock Township
-11.3%

Housing Supply in Brecknock Township, PA

How many homes are available in Brecknock Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1316+23.1%

Summary: The Brecknock Township real estate market had 16 homes for sale in October 2024, a 23.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 88
0.0%
4 36
+100.0%
5+ 21
-50.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in Brecknock Township in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Brecknock Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days19 Days-12.7%

Summary: Homes in Brecknock Township had an average of 19 days on market in Oct 2024, down by 12.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Brecknock Township; 67% of homes were sold within 30 days, 33% 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 Brecknock Township, PA

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