$4,453 Closing Credit*
$375,000
1,124 SqFt
3 Beds
•2 Full Baths
Heather Gunkel, Listing Office: Keller Williams Real Estate-Langhorne
Is Bristol, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bristol has remained a Seller's Market.
Key Takeaway
Bristol is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bristol, PA
How much do homes in Bristol, PA cost?
Median Sold Price
$330,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+10.0%)
Key Takeaway
Homes in Bristol have sold for 10% more than they did a year ago.
Summary: The median home sold price in Bristol was $330,000 in October 2024, up 10% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $299.5K | +19.8% |
| 2 Bedrooms | $252.7K | $274K | +8.4% |
| 3 Bedrooms | $295.5K | $325K | +10.0% |
| 4 Bedrooms | $320K | $350K | +9.4% |
| 5+ Bedrooms | $346K | $423.7K | +22.5% |
Summary: Bristol housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.8%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 22.5%.
Median Sold Price Compared To Nearby Cities
| Bristol | $300K | $330K | +10.0% |
| Bristol Township | $325K | $350K | +7.7% |
| Burlington | $322.6K | $316K | -2.1% |
| Burlington Township | $331K | $316.8K | -4.3% |
Housing Supply in Bristol, PA
How many homes are available in Bristol, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 69 | -12.7% |
Summary: The Bristol real estate market had 69 homes for sale in October 2024, a 12.7% decrease 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 | 17 | 15 | -11.8% |
| 3 Bedrooms | 35 | 30 | -14.3% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Bristol 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 decreased by 11.8%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bristol, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Bristol in October 2024, up by 15.8% month-over-month. Of the 22 sold homes, 41% were sold under asking, 32% were sold at asking, and 27% were sold over asking.
Days on Market for Bristol, PA
How long does it take to sell a home in Bristol, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 26 Days | +42.3% |
Summary: Homes in Bristol had an average of 26 days on market in Oct 2024, up by 42.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bristol are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in Bristol; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
