Is Mifflintown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mifflintown is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mifflintown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mifflintown, PA

How much do homes in Mifflintown, PA cost?

Median Sold Price

$200,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+11.1%)

Key Takeaway

Homes in Mifflintown have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Mifflintown was $200,000 in October 2024, up 11.1% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $140K$124K
-11.4%
3 $180K$200K
+11.1%
4 $207.5K$218.4K
+5.3%
5+ $305K-
N/A

Summary: Mifflintown 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 11.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mifflintown
+11.1%
Fermanagh Township
-19.1%

Housing Supply in Mifflintown, PA

How many homes are available in Mifflintown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1817-5.6%

Summary: The Mifflintown real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1310
-23.1%
4 13
+200.0%
5+ 33
0.0%

Summary: The Mifflintown 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 remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mifflintown, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mifflintown in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Mifflintown, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days34 Days+28.8%

Summary: Homes in Mifflintown had an average of 34 days on market in Oct 2024, up by 28.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mifflintown has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Mifflintown; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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