$1,176 Closing Credit*
$99,000
2 Beds
•2 Full Baths, 1 Partial
Yvonne Goff, Listing Office: Howard Hanna Real Estate Services
Is Midland, 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, Midland has remained a Seller's Market.
Key Takeaway
Midland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midland, PA
How much do homes in Midland, PA cost?
Median Sold Price
$121,000
$70/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,000(+68.1%)
Key Takeaway
Homes in Midland have sold for 68.1% more than they did a year ago.
Summary: The median home sold price in Midland was $121,000 in October 2024, up 68.1% from last year, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $30K | $43.3K | +44.4% |
| 3 Bedrooms | $89.2K | $125K | +40.1% |
| 4 Bedrooms | $140K | $144.7K | +3.4% |
| 5+ Bedrooms | $53.2K | - | N/A |
Summary: Midland 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 increased by 44.4%, 3 bedroom homes increased by 40.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Midland | $72K | $121K | +68.1% |
| Industry | $153K | $170K | +11.1% |
| Ohioville | $215K | $212K | -1.4% |
Housing Supply in Midland, PA
How many homes are available in Midland, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Summary: The Midland real estate market had 18 homes for sale in October 2024, a 28.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Midland 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 increased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 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 Midland, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Midland in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Midland, PA
How long does it take to sell a home in Midland, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 41 Days | -31.2% |
Summary: Homes in Midland had an average of 41 days on market in Oct 2024, down by 31.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Midland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Midland; 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.
