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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Washington is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mount Washington was a Neutral Market.

Key Takeaway

Mount Washington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mount Washington, PA

How much do homes in Mount Washington, PA cost?

Median Sold Price

$220,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,000(-5.2%)

Key Takeaway

Homes in Mount Washington have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Mount Washington was $220,000 in November 2024, down 5.2% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $463.5K$115K
-75.2%
2 $185K$159.9K
-13.6%
3 $236K$230K
-2.5%
4 $200K$235K
+17.5%
5+ $315K$360K
+14.3%

Summary: Mount Washington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.2%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Neighborhoods

Mount Washington
-5.2%
Duquesne Heights
-5.3%

Housing Supply in Mount Washington, PA

How many homes are available in Mount Washington, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5457+5.6%

Summary: The Mount Washington real estate market had 57 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 98
-11.1%
3 2734
+25.9%
4 1311
-15.4%
5+ 22
0.0%

Summary: The Mount Washington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Washington, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Mount Washington in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mount Washington, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
84 Days26 Days-68.3%

Summary: Homes in Mount Washington had an average of 26 days on market in Nov 2024, down by 68.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Mount Washington; 75% of homes were sold within 30 days, 25% 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 21 Days Ago

Newest Listings in Mount Washington, PA

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