$5,105 Closing Credit*
$429,900
2,200 SqFt
4 Beds
•3 Full Baths, 1 Partial
Joe Corsale, Listing Office: Re/Max Real Estate Solutions
Is Mc Donald, 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, Mc Donald was a Seller's Market.
Key Takeaway
Mc Donald is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mc Donald, PA
How much do homes in Mc Donald, PA cost?
Median Sold Price
$412,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,000(+7.6%)
Key Takeaway
Homes in Mc Donald have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Mc Donald was $412,000 in November 2024, up 7.6% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.2K | $66.2K | -8.3% |
| 2 Bedrooms | $160K | $129.5K | -19.1% |
| 3 Bedrooms | $275K | $277K | +0.7% |
| 4 Bedrooms | $434.4K | $485K | +11.6% |
| 5+ Bedrooms | $563.5K | $619.4K | +9.9% |
Summary: Mc Donald housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 19.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 9.9%.
Housing Supply in Mc Donald, PA
How many homes are available in Mc Donald, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The Mc Donald real estate market had 44 homes for sale in November 2024, a 4.3% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 24 | 21 | -12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Mc Donald 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Donald, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Mc Donald in November 2024, down by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Mc Donald, PA
How long does it take to sell a home in Mc Donald, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 6 Days | -68.2% |
Summary: Homes in Mc Donald had an average of 6 days on market in Nov 2024, down by 68.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mc Donald are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Mc Donald; 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.
