Is Braddock, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Braddock was a Seller's Market.
Key Takeaway
Braddock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Braddock, PA
How much do homes in Braddock, PA cost?
Median Sold Price
$66,652
$51/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Braddock have sold for 21.6% less than they did a month ago.
Summary: The median home sold price in Braddock was $66,652 in April 2024, down 21.6% from last month, and the median price per square foot was $51.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | - | N/A |
| 3 Bedrooms | $86K | $104.5K | +21.5% |
| 4 Bedrooms | $50K | $62.6K | +25.3% |
| 5+ Bedrooms | $210K | - | N/A |
Summary: Braddock housing prices by bedroom type for April 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 increased by 21.5%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Braddock | $85K | $103.3K | +21.5% |
| Braddock | $85K | $66.6K | -21.6% |
Housing Supply in Braddock, PA
How many homes are available in Braddock, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Summary: The Braddock real estate market had 29 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Braddock 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 11.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 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 Braddock, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Braddock in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Braddock, PA
How long does it take to sell a home in Braddock, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 65 Days | +91.0% |
Summary: Homes in Braddock had an average of 65 days on market in Apr 2024, up by 91% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Braddock has remained consistent over time.
Summary: During April 2024, 4 homes were sold in Braddock; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
