$7,303 Closing Credit*
$615,000
5,690 SqFt
5 Beds
•4 Full Baths, 1 Partial
Listing Office: LPT Realty LLC
Is Mount Pocono, 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, Mount Pocono was a Seller's Market.
Key Takeaway
Mount Pocono is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mount Pocono, PA
How much do homes in Mount Pocono, PA cost?
Median Sold Price
$252,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$37,500(-12.9%)
Key Takeaway
Homes in Mount Pocono have sold for 12.9% less than they did a year ago.
Summary: The median home sold price in Mount Pocono was $252,500 in October 2024, down 12.9% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.5K | $110K | +22.9% |
| 2 Bedrooms | $236K | $144.9K | -38.6% |
| 3 Bedrooms | $358.5K | $285K | -20.5% |
| 4 Bedrooms | $290K | $399K | +37.6% |
| 5+ Bedrooms | $250K | - | N/A |
Summary: Mount Pocono housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes decreased by 38.6%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tobyhanna | $237.7K | $255K | +7.3% |
| Mount Pocono | $290K | $252.5K | -12.9% |
Housing Supply in Mount Pocono, PA
How many homes are available in Mount Pocono, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Mount Pocono real estate market had 12 homes for sale in October 2024, a 20.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mount Pocono 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 increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Pocono, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Mount Pocono in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Mount Pocono, PA
How long does it take to sell a home in Mount Pocono, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 12 Days | +71.4% |
Summary: Homes in Mount Pocono had an average of 12 days on market in Oct 2024, up by 71.4% 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 Mount Pocono are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Mount Pocono; 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.
