Is Mont Alto, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mont Alto is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mont Alto was a Neutral Market.

Key Takeaway

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

Housing Prices in Mont Alto, PA

How much do homes in Mont Alto, PA cost?

Median Sold Price

$217,500

$170/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$52,500(-19.4%)

Key Takeaway

Homes in Mont Alto have sold for 19.4% less than they did a month ago.

Summary: The median home sold price in Mont Alto was $217,500 in September 2024, down 19.4% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $270K$217.5K
-19.4%
4 --
N/A
5+ --
N/A

Summary: Mont Alto housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mont Alto, PA

How many homes are available in Mont Alto, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
660.0%

Summary: The Mont Alto real estate market had 6 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 43
-25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Mont Alto housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mont Alto, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mont Alto in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mont Alto, PA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
15 Days39 Days+160.0%

Summary: Homes in Mont Alto had an average of 39 days on market in Sep 2024, up by 160% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Mont Alto; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Mont Alto, PA

Nearby Markets to Mont Alto, PA

What housing markets are near Mont Alto, PA?