Is North Braddock, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Braddock was a Seller'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
$82,500
$65/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Braddock have sold for 36.9% more than they did a year ago.
Summary: The median home sold price in North Braddock was $82,500 in May 2024, up 36.9% from last year, and the median price per square foot was $65.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $40.4K | $80K | +97.8% |
| 3 Bedrooms | $90K | $75K | -16.7% |
| 4 Bedrooms | $116K | $96.1K | -17.1% |
| 5+ Bedrooms | $69.7K | $246.7K | +253.7% |
Summary: North Braddock 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 increased by 97.8%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 253.7%.
Median Sold Price Compared To Nearby Cities
| North Braddock | $60.2K | $82.5K | +36.9% |
| Braddock | $55K | $75K | +36.4% |
| Forest Hills | $210K | $220.1K | +4.8% |
| Chalfant | $129K | $95K | -26.4% |
| East Pittsburgh | $123K | $89.3K | -27.4% |
Housing Supply in North Braddock, PA
How many homes are available in North Braddock, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The North Braddock real estate market had 19 homes for sale in May 2024, a 5.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Braddock 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Braddock, 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 North Braddock in May 2024, down by 33.3% 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 North Braddock, PA
How long does it take to sell a home in North Braddock, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 62 Days | 42 Days | -31.8% |
Summary: Homes in North Braddock had an average of 42 days on market in May 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in North Braddock has remained consistent over time.
Summary: During May 2024, 2 homes were sold in North Braddock; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
