$1,188 Closing Credit*
$100,000
Jacquelyn Wilson, Listing Office: Swc Realty
Is Masontown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Masontown was a Neutral Market.
Key Takeaway
Masontown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Masontown, PA
How much do homes in Masontown, PA cost?
Median Sold Price
$119,655
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,345(-17.5%)
Key Takeaway
Homes in Masontown have sold for 17.5% less than they did a year ago.
Summary: The median home sold price in Masontown was $119,655 in November 2024, down 17.5% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $79.5K | N/A |
| 2 Bedrooms | $123.5K | $120K | -2.8% |
| 3 Bedrooms | $150K | $121K | -19.3% |
| 4 Bedrooms | $247.5K | $99.2K | -59.9% |
| 5+ Bedrooms | - | $187.5K | N/A |
Summary: Masontown 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 2.8%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes decreased by 59.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Monongahela Township | $159.9K | $187.7K | +17.4% |
| Masontown | $145K | $119.6K | -17.5% |
Housing Supply in Masontown, PA
How many homes are available in Masontown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The Masontown real estate market had 31 homes for sale in November 2024, a 14.8% increase 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 | 3 | +50.0% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Masontown 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 increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 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 Masontown, 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 Masontown in November 2024, up by 200.0% 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 Masontown, PA
How long does it take to sell a home in Masontown, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 130 Days | +357.3% |
Summary: Homes in Masontown had an average of 130 days on market in Nov 2024, up by 357.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Masontown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Masontown; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
