$2,957 Closing Credit*
$249,000
2,188 SqFt
Kenneth Osborn, Listing Office: Keller Williams Real Estate-Langhorne
Is Bridesburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bridesburg has remained a Seller's Market.
Key Takeaway
Bridesburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridesburg, PA
How much do homes in Bridesburg, PA cost?
Median Sold Price
$257,450
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,550(+17.1%)
Key Takeaway
Homes in Bridesburg have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Bridesburg was $257,450 in November 2024, up 17.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $186K | $211.9K | +14.0% |
| 3 Bedrooms | $233K | $267.5K | +14.8% |
| 4 Bedrooms | $305K | $321.5K | +5.4% |
| 5+ Bedrooms | - | $283.7K | N/A |
Summary: Bridesburg 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 14%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Bridesburg | $219.9K | $257.4K | +17.1% |
| Bridesburg / Kensington / Richmond | $218K | $239.1K | +9.7% |
| Near Northeast Philadelphia | $218.8K | $230K | +5.1% |
| Frankford | $140K | $144.9K | +3.5% |
Housing Supply in Bridesburg, PA
How many homes are available in Bridesburg, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The Bridesburg real estate market had 31 homes for sale in November 2024, a 6.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Bridesburg housing inventory by bedroom type for November 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 17.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridesburg, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Bridesburg in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for Bridesburg, PA
How long does it take to sell a home in Bridesburg, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 23 Days | -15.5% |
Summary: Homes in Bridesburg had an average of 23 days on market in Nov 2024, down by 15.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridesburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Bridesburg; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
