$1,009 Closing Credit*
$85,000
1,092 SqFt
3 Beds
•1 Full Bath
Matthew W Fetick, Listing Office: EXP Realty, LLC
Is Mount Moriah, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mount Moriah has remained a Buyer's Market.
Key Takeaway
Mount Moriah is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mount Moriah, PA
How much do homes in Mount Moriah, PA cost?
Median Sold Price
$109,500
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,500(+15.3%)
Key Takeaway
Homes in Mount Moriah have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Mount Moriah was $109,500 in October 2024, up 15.3% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $46K | N/A |
| 2 Bedrooms | $70K | $110K | +57.1% |
| 3 Bedrooms | $87K | $90K | +3.4% |
| 4 Bedrooms | $152.4K | $194.5K | +27.6% |
| 5+ Bedrooms | $261K | $270K | +3.4% |
Summary: Mount Moriah 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 57.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Mount Moriah | $95K | $109.5K | +15.3% |
| Elmwood | $150K | $155K | +3.3% |
| Southwest Philadelphia | $150K | $145K | -3.3% |
| Kingsessing | $140K | $125.5K | -10.4% |
Housing Supply in Mount Moriah, PA
How many homes are available in Mount Moriah, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Mount Moriah real estate market had 28 homes for sale in October 2024, a 3.7% increase 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mount Moriah 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Moriah, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Mount Moriah in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Mount Moriah, PA
How long does it take to sell a home in Mount Moriah, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 105 Days | 20 Days | -81.0% |
Summary: Homes in Mount Moriah had an average of 20 days on market in Oct 2024, down by 81% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Moriah are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Mount Moriah; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
