Is Monongahela Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monongahela Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Monongahela Township was a Seller's Market.

Key Takeaway

Monongahela Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Monongahela Township, PA

How much do homes in Monongahela Township, PA cost?

Median Sold Price

$187,724

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,824(+17.4%)

Key Takeaway

Homes in Monongahela Township have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in Monongahela Township was $187,724 in November 2024, up 17.4% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $89.9K$88.5K
-1.6%
3 $159.9K$205K
+28.2%
4 $270K$239.9K
-11.1%
5+ $170K$400K
+135.3%

Summary: Monongahela Township 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 1.6%, 3 bedroom homes increased by 28.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 135.3%.

Median Sold Price Compared To Nearby Cities

Monongahela Township
+17.4%
Masontown
-17.5%

Housing Supply in Monongahela Township, PA

How many homes are available in Monongahela Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5045-10.0%

Summary: The Monongahela Township real estate market had 45 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1718
+5.9%
3 1914
-26.3%
4 1312
-7.7%
5+ 00
0.0%

Summary: The Monongahela Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

3 Homes Were 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 Monongahela Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Monongahela Township in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Monongahela Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days14 Days-65.3%

Summary: Homes in Monongahela Township had an average of 14 days on market in Nov 2024, down by 65.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Monongahela Township; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Monongahela Township, PA

Nearby Markets to Monongahela Township, PA

What housing markets are near Monongahela Township, PA?