$3,324 Closing Credit*
$279,900
1,332 SqFt
4 Beds
•2 Full Baths
Susan F McFadden, Listing Office: Keller Williams Platinum Realty - Wyomissing
Is Mohnton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mohnton has remained a Seller's Market.
Key Takeaway
Mohnton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mohnton, PA
How much do homes in Mohnton, PA cost?
Median Sold Price
$335,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$32,000(-8.7%)
Key Takeaway
Homes in Mohnton have sold for 8.7% less than they did a year ago.
Summary: The median home sold price in Mohnton was $335,000 in November 2024, down 8.7% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $187.5K | $170K | -9.3% |
| 3 Bedrooms | $300K | $302K | +0.7% |
| 4 Bedrooms | $415K | $475K | +14.5% |
| 5+ Bedrooms | $566K | $581K | +2.7% |
Summary: Mohnton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Cumru Township | $262K | $270K | +3.1% |
| Mohnton | $367K | $335K | -8.7% |
Housing Supply in Mohnton, PA
How many homes are available in Mohnton, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 27 | -22.9% |
Summary: The Mohnton real estate market had 27 homes for sale in November 2024, a 22.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 6 | -53.8% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Mohnton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 53.8%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mohnton, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Mohnton in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Mohnton, PA
How long does it take to sell a home in Mohnton, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 20 Days | -21.7% |
Summary: Homes in Mohnton had an average of 20 days on market in Nov 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
3 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 Mohnton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Mohnton; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
