$1,958 Closing Credit*
$164,900
1,845 SqFt
3 Beds
•2 Full Baths, 1 Partial
Olivia Kretchman, Listing Office: Berkshire Hathaway The Preferred Realty
Is Meyersdale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Meyersdale has remained a Seller's Market.
Key Takeaway
Meyersdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meyersdale, PA
How much do homes in Meyersdale, PA cost?
Median Sold Price
$152,500
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,250(+13.6%)
Key Takeaway
Homes in Meyersdale have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Meyersdale was $152,500 in October 2024, up 13.6% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $78K | N/A |
| 2 Bedrooms | $180K | $76K | -57.8% |
| 3 Bedrooms | $105K | $165.4K | +57.5% |
| 4 Bedrooms | $140K | $118.5K | -15.4% |
| 5+ Bedrooms | $145K | $220K | +51.7% |
Summary: Meyersdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 57.8%, 3 bedroom homes increased by 57.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 51.7%.
Housing Supply in Meyersdale, PA
How many homes are available in Meyersdale, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Meyersdale real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Meyersdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Meyersdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Meyersdale in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Meyersdale, PA
How long does it take to sell a home in Meyersdale, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 28 Days | -62.6% |
Summary: Homes in Meyersdale had an average of 28 days on market in Oct 2024, down by 62.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Meyersdale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Meyersdale; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
