$2,731 Closing Credit*
$229,999
1,617 SqFt
3 Beds
•1 Full Bath
Gary F Dydak, Listing Office: Dydak Realty
Is Bridesburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bridesburg was a Seller's Market.
Key Takeaway
Bridesburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bridesburg, PA
How much do homes in Bridesburg, PA cost?
Median Sold Price
$252,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$46,000(+22.3%)
Key Takeaway
Homes in Bridesburg have sold for 22.3% more than they did a year ago.
Summary: The median home sold price in Bridesburg was $252,000 in October 2024, up 22.3% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $186K | $210.9K | +13.4% |
| 3 Bedrooms | $223K | $259.9K | +16.6% |
| 4 Bedrooms | $305K | $320K | +4.9% |
| 5+ Bedrooms | - | $283.7K | N/A |
Summary: Bridesburg 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 13.4%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Bridesburg | $206K | $252K | +22.3% |
| Near Northeast Philadelphia | $219.4K | $228.7K | +4.2% |
| Bridesburg / Kensington / Richmond | $226.2K | $230.1K | +1.7% |
| Frankford | $145.8K | $140K | -4.0% |
Housing Supply in Bridesburg, PA
How many homes are available in Bridesburg, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Bridesburg real estate market had 32 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bridesburg 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 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridesburg, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Bridesburg in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 29 Days | +20.6% |
Summary: Homes in Bridesburg had an average of 29 days on market in Oct 2024, up by 20.6% 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
Key Takeaway
Many homes in Bridesburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Bridesburg; 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.
