Is North Braddock, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Braddock is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, North Braddock has remained a Buyer's Market.

Key Takeaway

North Braddock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Braddock, PA

How much do homes in North Braddock, PA cost?

Median Sold Price

$87,000

$65/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,050(+98.0%)

Key Takeaway

Homes in North Braddock have sold for 98% more than they did a year ago.

Summary: The median home sold price in North Braddock was $87,000 in October 2024, up 98% from last year, and the median price per square foot was $65.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $36.4K$80K
+119.5%
3 $53K$92.5K
+74.5%
4 $77K$50K
-35.1%
5+ $27K$246.7K
+813.7%

Summary: North Braddock 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 119.5%, 3 bedroom homes increased by 74.5%, 4 bedroom homes decreased by 35.1%, and 5+ bedroom homes increased by 813.7%.

Median Sold Price Compared To Nearby Cities

North Braddock
+98.0%
Braddock
+62.6%
Forest Hills
+14.2%

Housing Supply in North Braddock, PA

How many homes are available in North Braddock, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1516+6.7%

Summary: The North Braddock real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 810
+25.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The North Braddock 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Braddock, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Braddock in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for North Braddock, PA

How long does it take to sell a home in North Braddock, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
208 Days95 Days-54.3%

Summary: Homes in North Braddock had an average of 95 days on market in Oct 2024, down by 54.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Braddock has remained consistent over time.

Summary: During October 2024, 2 homes were sold in North Braddock; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 North Braddock, PA

Nearby Markets to North Braddock, PA

What housing markets are near North Braddock, PA?