$594 Closing Credit*
$50,000
777 SqFt
2 Beds
•2 Full Baths
Sheila Stever, Listing Office: Linn Realty
Is Morrisdale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Morrisdale has remained a Seller's Market.
Key Takeaway
Morrisdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Morrisdale, PA
How much do homes in Morrisdale, PA cost?
Median Sold Price
$113,250
$59/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$93,000(-45.1%)
Key Takeaway
Homes in Morrisdale have sold for 45.1% less than they did a month ago.
Summary: The median home sold price in Morrisdale was $113,250 in October 2024, down 45.1% from last month, and the median price per square foot was $59.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $163.7K | - | N/A |
| 3 Bedrooms | $225K | $113.2K | -49.7% |
| 4 Bedrooms | $329.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Morrisdale housing prices by bedroom type for October 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 49.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cooper Township | $140K | $113.2K | -19.1% |
| Morrisdale | $206.2K | $113.2K | -45.1% |
Housing Supply in Morrisdale, PA
How many homes are available in Morrisdale, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Morrisdale real estate market had 6 homes for sale in October 2024, a 33.3% 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 | 0 | -100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Morrisdale 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 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Morrisdale, 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 Morrisdale in October 2024, down by 50.0% 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 Morrisdale, PA
How long does it take to sell a home in Morrisdale, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 Days | 13 Days | -85.7% |
Summary: Homes in Morrisdale had an average of 13 days on market in Oct 2024, down by 85.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Morrisdale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Morrisdale; 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.
