Is Upper Burrell Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Burrell Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Upper Burrell Township was a Buyer's Market.

Key Takeaway

Upper Burrell Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Upper Burrell Township, PA

How much do homes in Upper Burrell Township, PA cost?

Median Sold Price

$235,000

$111/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$104,000(-30.7%)

Key Takeaway

Homes in Upper Burrell Township have sold for 30.7% less than they did a month ago.

Summary: The median home sold price in Upper Burrell Township was $235,000 in October 2024, down 30.7% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $339K$60K
-82.3%
4 --
N/A
5+ -$410K
N/A

Summary: Upper Burrell Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 82.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Upper Burrell Township, PA

How many homes are available in Upper Burrell Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1113+18.2%

Summary: The Upper Burrell Township real estate market had 13 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 55
0.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The Upper Burrell Township 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Burrell Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Upper Burrell Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Upper Burrell Township, PA

How long does it take to sell a home in Upper Burrell Township, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
8 Days8 Days0.0%

Summary: Homes in Upper Burrell Township had an average of 8 days on market in Oct 2024, the same as last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Upper Burrell Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Upper Burrell Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Upper Burrell Township, PA

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What housing markets are near Upper Burrell Township, PA?