$3,111 Closing Credit*
$262,000
1,664 SqFt
4 Beds
•2 Full Baths
Kelly Shulenberger, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Mill Hall, 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, Mill Hall has remained a Seller's Market.
Key Takeaway
Mill Hall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mill Hall, PA
How much do homes in Mill Hall, PA cost?
Median Sold Price
$199,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$16,000(-7.4%)
Key Takeaway
Homes in Mill Hall have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in Mill Hall was $199,000 in October 2024, down 7.4% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $131.2K | $178.4K | +36.0% |
| 3 Bedrooms | $272K | $209.7K | -22.9% |
| 4 Bedrooms | $81K | $243.7K | +200.9% |
| 5+ Bedrooms | $325K | $272.7K | -16.1% |
Summary: Mill Hall 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 36%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes increased by 200.9%, and 5+ bedroom homes decreased by 16.1%.
Median Sold Price Compared To Nearby Cities
| Lamar Township | $174.9K | $317.4K | +81.4% |
| Mill Hall | $215K | $199K | -7.4% |
Housing Supply in Mill Hall, PA
How many homes are available in Mill Hall, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Mill Hall real estate market had 10 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mill Hall 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 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mill Hall, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mill Hall in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Mill Hall, PA
How long does it take to sell a home in Mill Hall, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 34 Days | +56.8% |
Summary: Homes in Mill Hall had an average of 34 days on market in Oct 2024, up by 56.8% 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 Mill Hall are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Mill Hall; 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.
