Is Montour County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Montour County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Montour County was a Seller's Market.

Key Takeaway

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

Housing Prices in Montour County, PA

How much do homes in Montour County, PA cost?

Median Sold Price

$245,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,500(-1.4%)

Key Takeaway

Homes in Montour County have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Montour County was $245,000 in November 2024, down 1.4% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $110K$115K
+4.5%
2 $163.4K$169.9K
+4.0%
3 $233.9K$240K
+2.6%
4 $400K$311K
-22.3%
5+ $481.4K$453K
-5.9%

Summary: Montour County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 22.3%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Counties

Columbia County
+6.2%
Northumberland County
+2.3%
Montour County
-1.4%

Housing Supply in Montour County, PA

How many homes are available in Montour County, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7757-26.0%

Summary: The Montour County real estate market had 57 homes for sale in November 2024, a 26.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 97
-22.2%
3 3729
-21.6%
4 2213
-40.9%
5+ 78
+14.3%

Summary: The Montour County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes decreased by 40.9%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
178-52.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Montour County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Montour County in November 2024, down by 52.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Montour County, PA

How long does it take to sell a home in Montour County, PA?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Montour County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 8 homes were sold in Montour County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Montour County, PA

Nearby Markets to Montour County, PA

What housing markets are near Montour County, PA?