$2,523 Closing Credit*
$212,500
3,800 SqFt
7 Beds
•4 Full Baths
Vince Boyle, Listing Office: RE/MAX Real Estate-Allentown
Is Mahanoy City, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Mahanoy City was a Seller's Market.
Key Takeaway
Mahanoy City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mahanoy City, PA
How much do homes in Mahanoy City, PA cost?
Median Sold Price
$71,500
$47/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$21,500(+43.0%)
Key Takeaway
Homes in Mahanoy City have sold for 43% more than they did a year ago.
Summary: The median home sold price in Mahanoy City was $71,500 in December 2024, up 43% from last year, and the median price per square foot was $47.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $87K | $49K | -43.7% |
| 3 Bedrooms | $45.2K | $62K | +37.0% |
| 4 Bedrooms | $55K | $75K | +36.4% |
| 5+ Bedrooms | $55K | $75K | +36.4% |
Summary: Mahanoy City housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.7%, 3 bedroom homes increased by 37%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 36.4%.
Housing Supply in Mahanoy City, PA
How many homes are available in Mahanoy City, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Mahanoy City real estate market had 14 homes for sale in December 2024, a 17.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Mahanoy City housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mahanoy City, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Mahanoy City in December 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Mahanoy City, PA
How long does it take to sell a home in Mahanoy City, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 129 Days | 13 Days | -90.0% |
Summary: Homes in Mahanoy City had an average of 13 days on market in Dec 2024, down by 90% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mahanoy City are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Mahanoy City; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
