Is Mountainville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountainville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mountainville has remained a Seller's Market.

Key Takeaway

Mountainville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mountainville, PA

How much do homes in Mountainville, PA cost?

Median Sold Price

$280,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,000(+10.7%)

Key Takeaway

Homes in Mountainville have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Mountainville was $280,000 in October 2024, up 10.7% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $132K$110K
-16.7%
2 $197K$240K
+21.8%
3 $262.5K$284K
+8.2%
4 $297.5K$300K
+0.8%
5+ -$309.9K
N/A

Summary: Mountainville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

South Side
+12.6%
Mountainville
+10.7%

Housing Supply in Mountainville, PA

How many homes are available in Mountainville, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2927-6.9%

Summary: The Mountainville real estate market had 27 homes for sale in October 2024, a 6.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1719
+11.8%
4 63
-50.0%
5+ 21
-50.0%

Summary: The Mountainville 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 11.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
514+180.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountainville, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Mountainville in October 2024, up by 180.0% month-over-month. Of the 14 sold homes, 14% were sold under asking, 21% were sold at asking, and 64% were sold over asking.

Days on Market for Mountainville, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days18 Days+4.9%

Summary: Homes in Mountainville had an average of 18 days on market in Oct 2024, up by 4.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Mountainville; 86% of homes were sold within 30 days, 14% 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 23 Days Ago

Newest Listings in Mountainville, PA

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