$9,975 Closing Credit*
$840,000
3,582 SqFt
5 Beds
•4 Full Baths, 1 Partial
Emily Wilhelm, Listing Office: Piatt Sotheby'S International Realty
Is Mars, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Mars has remained a Seller's Market.
Key Takeaway
Mars is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mars, PA
How much do homes in Mars, PA cost?
Median Sold Price
$535,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$47,000(+9.6%)
Key Takeaway
Homes in Mars have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Mars was $535,000 in December 2024, up 9.6% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $194K | $203K | +4.6% |
| 2 Bedrooms | $271K | $295K | +8.9% |
| 3 Bedrooms | $352.5K | $396K | +12.3% |
| 4 Bedrooms | $620K | $635K | +2.4% |
| 5+ Bedrooms | $983K | $1.0M | +1.7% |
Summary: Mars housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Mars | $488K | $535K | +9.6% |
| Adams Township | $510.5K | $545K | +6.8% |
Housing Supply in Mars, PA
How many homes are available in Mars, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 71 | 58 | -18.3% |
Summary: The Mars real estate market had 58 homes for sale in December 2024, a 18.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 28 | 25 | -10.7% |
| 4 Bedrooms | 27 | 22 | -18.5% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Mars housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mars, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Mars in December 2024, down by 23.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.
Days on Market for Mars, PA
How long does it take to sell a home in Mars, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 42 Days | 55 Days | +30.2% |
Summary: Homes in Mars had an average of 55 days on market in Dec 2024, up by 30.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mars are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 16 homes were sold in Mars; 50% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
