Is Bernville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bernville has remained a Seller's Market.
Key Takeaway
Bernville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bernville, PA
How much do homes in Bernville, PA cost?
Median Sold Price
$375,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bernville have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Bernville was $375,000 in April 2024, up 15.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $281K | $169.5K | -39.7% |
| 3 Bedrooms | $275K | $348.4K | +26.7% |
| 4 Bedrooms | $352.5K | $386.3K | +9.6% |
| 5+ Bedrooms | $525K | $328K | -37.5% |
Summary: Bernville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.7%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 37.5%.
Median Sold Price Compared To Nearby Cities
| Bernville | $324.9K | $375K | +15.4% |
| Jefferson Township | $350K | $376.4K | +7.6% |
Housing Supply in Bernville, PA
How many homes are available in Bernville, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Bernville real estate market had 17 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Bernville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bernville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Bernville in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Bernville, PA
How long does it take to sell a home in Bernville, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 12 Days | -70.4% |
Summary: Homes in Bernville had an average of 12 days on market in Apr 2024, down by 70.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bernville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Bernville; 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.
