Is Mahoning Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mahoning Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mahoning Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mahoning Township, PA

How much do homes in Mahoning Township, PA cost?

Median Sold Price

$285,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$27,100(-8.7%)

Key Takeaway

Homes in Mahoning Township have sold for 8.7% less than they did a year ago.

Summary: The median home sold price in Mahoning Township was $285,000 in November 2024, down 8.7% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$115K
N/A
2 $166.9K$246.3K
+47.6%
3 $279.5K$285K
+2.0%
4 $495K$382.5K
-22.7%
5+ $368K$545K
+48.1%

Summary: Mahoning Township 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 47.6%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes increased by 48.1%.

Median Sold Price Compared To Nearby Cities

Danville
+2.0%
Mahoning Township
-8.7%

Housing Supply in Mahoning Township, PA

How many homes are available in Mahoning Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2114-33.3%

Summary: The Mahoning Township real estate market had 14 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 32
-33.3%
3 106
-40.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Mahoning Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mahoning Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mahoning Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Mahoning Township, PA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 21 Days Ago

Newest Listings in Mahoning Township, PA

Nearby Markets to Mahoning Township, PA

What housing markets are near Mahoning Township, PA?