Is Mifflin County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mifflin County is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mifflin County was a Neutral Market.

Key Takeaway

Mifflin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mifflin County, PA

How much do homes in Mifflin County, PA cost?

Median Sold Price

$158,666

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,833(-4.1%)

Key Takeaway

Homes in Mifflin County have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Mifflin County was $158,666 in November 2024, down 4.1% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $62.5K$82.5K
+32.0%
2 $125.7K$131.9K
+4.9%
3 $171.2K$166.2K
-2.9%
4 $229.9K$232.5K
+1.1%
5+ $195K$213.4K
+9.5%

Summary: Mifflin County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Counties

Juniata County
+16.3%
Huntingdon County
+10.8%
Centre County
0.4%
Snyder County
-2.3%
Mifflin County
-4.1%

Housing Supply in Mifflin County, PA

How many homes are available in Mifflin County, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10194-6.9%

Summary: The Mifflin County real estate market had 94 homes for sale in November 2024, a 6.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1920
+5.3%
3 6154
-11.5%
4 1515
0.0%
5+ 44
0.0%

Summary: The Mifflin County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1922+15.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mifflin County, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Mifflin County in November 2024, up by 15.8% month-over-month. Of the 22 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for Mifflin County, PA

How long does it take to sell a home in Mifflin County, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days29 Days+61.7%

Summary: Homes in Mifflin County had an average of 29 days on market in Nov 2024, up by 61.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mifflin County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in Mifflin County; 64% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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