$2,374 Closing Credit*
$199,900
1,298 SqFt
3 Beds
•2 Full Baths
Jan Livingston, Listing Office: Piatt Sotheby'S International Realty
Is Monaca, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Monaca was a Seller's Market.
Key Takeaway
Monaca is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Monaca, PA
How much do homes in Monaca, PA cost?
Median Sold Price
$223,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,000(-0.4%)
Key Takeaway
The sold price of homes in Monaca has remained the same since last year.
Summary: The median home sold price in Monaca was $223,500 in October 2024, down 0.4% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $88.5K | N/A |
| 2 Bedrooms | $132K | $127.5K | -3.4% |
| 3 Bedrooms | $225K | $223.5K | -0.7% |
| 4 Bedrooms | $350K | $337.4K | -3.6% |
| 5+ Bedrooms | $439.5K | $347.5K | -20.9% |
Summary: Monaca 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 3.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 20.9%.
Median Sold Price Compared To Nearby Cities
| Freedom | $250K | $277.5K | +11.0% |
| Monaca | $224.5K | $223.5K | -0.4% |
| Rochester | $139K | $129.4K | -6.9% |
Housing Supply in Monaca, PA
How many homes are available in Monaca, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 50 | +13.6% |
Summary: The Monaca real estate market had 50 homes for sale in October 2024, a 13.6% 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 | 10 | 11 | +10.0% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Monaca 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 10%, 3 bedroom homes increased by 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
2 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 Monaca, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Monaca in October 2024, down by 70.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Monaca, PA
How long does it take to sell a home in Monaca, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 71 Days | +30.3% |
Summary: Homes in Monaca had an average of 71 days on market in Oct 2024, up by 30.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Monaca has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Monaca; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
