$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 November 2023
Since last year, Mount Pocono has remained a Seller's Market.
Key Takeaway
Mount Pocono is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Pocono, PA
How much do homes in Mount Pocono, PA cost?
Median Sold Price
$272,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.9%)
Key Takeaway
Homes in Mount Pocono have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Mount Pocono was $272,500 in November 2024, up 0.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.7K | - | N/A |
| 2 Bedrooms | $190.4K | $148K | -22.3% |
| 3 Bedrooms | $337.7K | $250K | -26.0% |
| 4 Bedrooms | $290K | $399K | +37.6% |
| 5+ Bedrooms | $250K | - | N/A |
Summary: Mount Pocono housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.3%, 3 bedroom homes decreased by 26%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mount Pocono | $270K | $272.5K | +0.9% |
| Tobyhanna | $246K | $245K | -0.4% |
Housing Supply in Mount Pocono, PA
How many homes are available in Mount Pocono, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Summary: The Mount Pocono real estate market had 7 homes for sale in November 2024, a 36.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mount Pocono 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 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Pocono, 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 Mount Pocono in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 46 Days | +50.0% |
Summary: Homes in Mount Pocono had an average of 46 days on market in Nov 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 Pocono are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Mount Pocono; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
