Is East Millsboro, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Millsboro is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, East Millsboro has remained a Seller's Market.

Key Takeaway

East Millsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Millsboro, PA

How much do homes in East Millsboro, PA cost?

Median Sold Price

$325,000

$168/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$241,000(+286.9%)

Key Takeaway

Homes in East Millsboro have sold for 286.9% more than they did a month ago.

Summary: The median home sold price in East Millsboro was $325,000 in October 2024, up 286.9% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $84K-
N/A
3 -$325K
N/A
4 --
N/A
5+ --
N/A

Summary: East Millsboro housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in East Millsboro, PA

How many homes are available in East Millsboro, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
53-40.0%

Summary: The East Millsboro real estate market had 3 homes for sale in October 2024, a 40.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The East Millsboro housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Millsboro, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in East Millsboro in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for East Millsboro, PA

How long does it take to sell a home in East Millsboro, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
28 Days70 Days+150.0%

Summary: Homes in East Millsboro had an average of 70 days on market in Oct 2024, up by 150% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East Millsboro has remained consistent over time.

Summary: During October 2024, 1 homes were sold in East Millsboro; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in East Millsboro, PA

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