Is Bradford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bradford has remained a Seller's Market.
Key Takeaway
Bradford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bradford, PA
How much do homes in Bradford, PA cost?
Median Sold Price
$101,760
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bradford have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Bradford was $101,760 in May 2024, up 1.3% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $49.2K | N/A |
| 2 Bedrooms | $74.9K | $73.9K | -1.3% |
| 3 Bedrooms | $101.2K | $108.3K | +7.0% |
| 4 Bedrooms | $145K | $129.9K | -10.4% |
| 5+ Bedrooms | $144K | $155K | +7.6% |
Summary: Bradford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Bradford | $100.5K | $101.7K | +1.3% |
| Bradford Township | $100.5K | $101.7K | +1.3% |
| Foster Township | $129.9K | $106.5K | -18.0% |
Housing Supply in Bradford, PA
How many homes are available in Bradford, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Bradford real estate market had 30 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Bradford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bradford, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Bradford in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Bradford, PA
How long does it take to sell a home in Bradford, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 79 Days | 42 Days | -47.4% |
Summary: Homes in Bradford had an average of 42 days on market in May 2024, down by 47.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bradford are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Bradford; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
