$9,380 Closing Credit*
$789,900
3 Beds
•2 Full Baths
Mike Hanlon, Listing Office: Realty One Group Gold Standard
Is Morgan Township, 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, Morgan Township was a Seller's Market.
Key Takeaway
Morgan Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Morgan Township, PA
How much do homes in Morgan Township, PA cost?
Median Sold Price
$114,900
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,100(-4.3%)
Key Takeaway
Homes in Morgan Township have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Morgan Township was $114,900 in October 2024, down 4.3% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $87K | $88.7K | +2.0% |
| 3 Bedrooms | $80K | $263K | +228.8% |
| 4 Bedrooms | $142.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Morgan Township 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 increased by 2%, 3 bedroom homes increased by 228.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Morgan Township, PA
How many homes are available in Morgan Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Morgan Township real estate market had 6 homes for sale in October 2024, a 14.3% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Morgan Township 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Morgan Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Morgan Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Morgan Township, PA
How long does it take to sell a home in Morgan Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 10 Days | -24.5% |
Summary: Homes in Morgan Township had an average of 10 days on market in Oct 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Morgan Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Morgan 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.
