$938 Closing Credit*
$79,000
1,008 SqFt
3 Beds
•1 Full Bath
Michael Hill, Listing Office: TEU Real Estate Corporation
Is Mount Carmel Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mount Carmel Township has remained a Seller's Market.
Key Takeaway
Mount Carmel Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Carmel Township, PA
How much do homes in Mount Carmel Township, PA cost?
Median Sold Price
$61,000
$57/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+32.6%)
Key Takeaway
Homes in Mount Carmel Township have sold for 32.6% more than they did a year ago.
Summary: The median home sold price in Mount Carmel Township was $61,000 in November 2024, up 32.6% from last year, and the median price per square foot was $57.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $21K | $23.5K | +11.9% |
| 2 Bedrooms | $42.5K | $43K | +1.2% |
| 3 Bedrooms | $45K | $61K | +35.6% |
| 4 Bedrooms | $83.7K | $86.2K | +3.0% |
| 5+ Bedrooms | $72K | $110K | +52.8% |
Summary: Mount Carmel Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 35.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 52.8%.
Median Sold Price Compared To Nearby Cities
| Mount Carmel Township | $46K | $61K | +32.6% |
| Mount Carmel | $46K | $60K | +30.4% |
Housing Supply in Mount Carmel Township, PA
How many homes are available in Mount Carmel Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Summary: The Mount Carmel Township real estate market had 30 homes for sale in November 2024, a 3.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 3 | -57.1% |
| 3 Bedrooms | 13 | 19 | +46.2% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mount Carmel Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 57.1%, 3 bedroom homes increased by 46.2%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Carmel Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Mount Carmel Township in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for Mount Carmel Township, PA
How long does it take to sell a home in Mount Carmel Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 83 Days | 77 Days | -7.2% |
Summary: Homes in Mount Carmel Township had an average of 77 days on market in Nov 2024, down by 7.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mount Carmel Township has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Mount Carmel Township; 13% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
