Is Burrell Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Burrell Township was a Buyer's Market.
Key Takeaway
Burrell Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burrell Township, PA
How much do homes in Burrell Township, PA cost?
Median Sold Price
$149,151
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Burrell Township have sold for 6% less than they did a year ago.
Summary: The median home sold price in Burrell Township was $149,151 in April 2024, down 6% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $118.1K | $154.3K | +30.6% |
| 3 Bedrooms | $176.2K | $143K | -18.9% |
| 4 Bedrooms | $269K | $480K | +78.4% |
| 5+ Bedrooms | $589K | - | N/A |
Summary: Burrell Township 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 increased by 30.6%, 3 bedroom homes decreased by 18.9%, 4 bedroom homes increased by 78.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Blairsville | $111K | $142K | +27.9% |
| Burrell Township | $158.7K | $149.1K | -6.0% |
Housing Supply in Burrell Township, PA
How many homes are available in Burrell Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Burrell Township real estate market had 7 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burrell Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 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 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 3 homes were sold or pending in Burrell Township in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Burrell Township, PA
How long does it take to sell a home in Burrell Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 132 Days | 85 Days | -35.4% |
Summary: Homes in Burrell Township had an average of 85 days on market in Apr 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Burrell Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Burrell Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
