Is New Brighton, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Brighton is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, New Brighton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in New Brighton, PA

How much do homes in New Brighton, PA cost?

Median Sold Price

$130,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,000(-16.1%)

Key Takeaway

Homes in New Brighton have sold for 16.1% less than they did a year ago.

Summary: The median home sold price in New Brighton was $130,000 in October 2024, down 16.1% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $62K$18K
-71.0%
2 $95.2K$85K
-10.8%
3 $155.5K$155K
-0.3%
4 $170K$160K
-5.9%
5+ $202.5K$197K
-2.7%

Summary: New Brighton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Cities

Beaver Falls
+11.4%
Daugherty Township
+6.8%
Rochester Township
-10.0%
New Brighton
-16.1%
Pulaski Township
-26.1%

Housing Supply in New Brighton, PA

How many homes are available in New Brighton, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4750+6.4%

Summary: The New Brighton real estate market had 50 homes for sale in October 2024, a 6.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1311
-15.4%
3 2730
+11.1%
4 79
+28.6%
5+ 00
0.0%

Summary: The New Brighton 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 15.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Brighton, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in New Brighton in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.

Days on Market for New Brighton, PA

How long does it take to sell a home in New Brighton, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
75 Days60 Days-20.1%

Summary: Homes in New Brighton had an average of 60 days on market in Oct 2024, down by 20.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in New Brighton has remained consistent over time.

Summary: During October 2024, 10 homes were sold in New Brighton; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% 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 New Brighton, PA

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