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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Mountville, PA

How much do homes in Mountville, PA cost?

Median Sold Price

$330,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+11.9%)

Key Takeaway

Homes in Mountville have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in Mountville was $330,000 in October 2024, up 11.9% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $250K$246.7K
-1.3%
3 $316K$326.5K
+3.3%
4 $330K$376.7K
+14.2%
5+ $460K$370K
-19.6%

Summary: Mountville 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 decreased by 1.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 19.6%.

Median Sold Price Compared To Nearby Cities

Mountville
+11.9%
Manor Township
+11.2%
West Hempfield Township
0.4%

Housing Supply in Mountville, PA

How many homes are available in Mountville, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The Mountville real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 56
+20.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Mountville 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 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Mountville in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Mountville, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
6 Days26 Days+303.3%

Summary: Homes in Mountville had an average of 26 days on market in Oct 2024, up by 303.3% compared to last year.

Breakdown of Home Sale Times

4 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 Mountville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Mountville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Mountville, PA

Nearby Markets to Mountville, PA

What housing markets are near Mountville, PA?