Is Mount Bethel, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Bethel is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mount Bethel has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Bethel, PA

How much do homes in Mount Bethel, PA cost?

Median Sold Price

$228,750

$169/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$123,250(-35.0%)

Key Takeaway

Homes in Mount Bethel have sold for 35% less than they did a month ago.

Summary: The median home sold price in Mount Bethel was $228,750 in October 2024, down 35% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $325.9K$228.7K
-29.8%
4 $375K-
N/A
5+ --
N/A

Summary: Mount Bethel 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 29.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mount Bethel
-35.0%
Portland
-41.9%

Housing Supply in Mount Bethel, PA

How many homes are available in Mount Bethel, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The Mount Bethel real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 43
-25.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Mount Bethel 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 increased by 200%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Bethel, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mount Bethel in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mount Bethel, PA

How long does it take to sell a home in Mount Bethel, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
60 Days8 Days-85.8%

Summary: Homes in Mount Bethel had an average of 8 days on market in Oct 2024, down by 85.8% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Mount Bethel; 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 16 Days Ago

Newest Listings in Mount Bethel, PA

Nearby Markets to Mount Bethel, PA

What housing markets are near Mount Bethel, PA?