$4,097 Closing Credit*
$345,000
1,718 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: RE/MAX Real Estate
Is Macungie, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Macungie has remained a Seller's Market.
Key Takeaway
Macungie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Macungie, PA
How much do homes in Macungie, PA cost?
Median Sold Price
$410,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,437(+3.4%)
Key Takeaway
Homes in Macungie have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Macungie was $410,000 in November 2024, up 3.4% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | - | N/A |
| 2 Bedrooms | $279K | $322.4K | +15.6% |
| 3 Bedrooms | $351K | $373.9K | +6.5% |
| 4 Bedrooms | $532.4K | $560K | +5.2% |
| 5+ Bedrooms | $615K | $685K | +11.4% |
Summary: Macungie housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Cities
| Lower Macungie Township | $400.6K | $420.6K | +5.0% |
| Macungie | $396.5K | $410K | +3.4% |
| Upper Milford Township | $420.8K | $425K | +1.0% |
Housing Supply in Macungie, PA
How many homes are available in Macungie, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 64 | -30.4% |
Summary: The Macungie real estate market had 64 homes for sale in November 2024, a 30.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 14 | -36.4% |
| 3 Bedrooms | 36 | 29 | -19.4% |
| 4 Bedrooms | 30 | 18 | -40.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Macungie housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macungie, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Macungie in November 2024, down by 20.0% month-over-month. Of the 24 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Macungie, PA
How long does it take to sell a home in Macungie, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 27 Days | +42.4% |
Summary: Homes in Macungie had an average of 27 days on market in Nov 2024, up by 42.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Macungie are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in Macungie; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
