$772 Closing Credit*
$65,000
1,104 SqFt
3 Beds
•1 Full Bath
Listing Office: Bear Rock Realty LLC
Is Mahanoy City, 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, Mahanoy City has remained a Seller's Market.
Key Takeaway
Mahanoy City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mahanoy City, PA
How much do homes in Mahanoy City, PA cost?
Median Sold Price
$62,000
$44/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,750(+28.5%)
Key Takeaway
Homes in Mahanoy City have sold for 28.5% more than they did a year ago.
Summary: The median home sold price in Mahanoy City was $62,000 in November 2024, up 28.5% from last year, and the median price per square foot was $44.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $87K | $49K | -43.7% |
| 3 Bedrooms | $42K | $58.5K | +39.3% |
| 4 Bedrooms | $45K | $60K | +33.3% |
| 5+ Bedrooms | $60K | $74K | +23.3% |
Summary: Mahanoy City 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 decreased by 43.7%, 3 bedroom homes increased by 39.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 23.3%.
Median Sold Price Compared To Nearby Cities
| Mahanoy City | $48.2K | $62K | +28.5% |
| Barnesville | $176K | $197.5K | +12.2% |
Housing Supply in Mahanoy City, PA
How many homes are available in Mahanoy City, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Mahanoy City real estate market had 15 homes for sale in November 2024, a 6.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Mahanoy City 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 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mahanoy City, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mahanoy City in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 26 Days | +43.2% |
Summary: Homes in Mahanoy City had an average of 26 days on market in Nov 2024, up by 43.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was 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 November 2024, 4 homes were sold in Mahanoy City; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
