$3,978 Closing Credit*
$335,000
1,091 SqFt
3 Beds
•1 Full Bath
Daniel J. Demers, Listing Office: Sell Your Home Services
Is Macungie, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$413,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,437(+4.1%)
Key Takeaway
Homes in Macungie have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Macungie was $413,000 in October 2024, up 4.1% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143.5K | - | N/A |
| 2 Bedrooms | $265K | $322.4K | +21.7% |
| 3 Bedrooms | $352K | $372.9K | +5.9% |
| 4 Bedrooms | $539K | $562.5K | +4.4% |
| 5+ Bedrooms | $615K | $685K | +11.4% |
Summary: Macungie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Cities
| Lower Macungie Township | $396.2K | $420.6K | +6.2% |
| Upper Milford Township | $407K | $425K | +4.4% |
| Macungie | $396.5K | $413K | +4.1% |
Housing Supply in Macungie, PA
How many homes are available in Macungie, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 87 | +19.2% |
Summary: The Macungie real estate market had 87 homes for sale in October 2024, a 19.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 31 | 37 | +19.4% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Macungie 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 increased by 46.2%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 27 | +58.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macungie, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Macungie in October 2024, up by 58.8% month-over-month. Of the 27 sold homes, 26% were sold under asking, 19% were sold at asking, and 56% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 14 Days | -16.7% |
Summary: Homes in Macungie had an average of 14 days on market in Oct 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macungie are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in Macungie; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
