$463 Closing Credit*
$38,950
1,901 SqFt
3 Beds
•1 Full Bath, 1 Partial
Robin Lawhorn, Listing Office: Glocker & Company-Boyertown
Is Muhlenberg Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Muhlenberg Township has remained a Seller's Market.
Key Takeaway
Muhlenberg Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Muhlenberg Township, PA
How much do homes in Muhlenberg Township, PA cost?
Median Sold Price
$285,666
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,666(+5.4%)
Key Takeaway
Homes in Muhlenberg Township have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Muhlenberg Township was $285,666 in October 2024, up 5.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $202K | $202.5K | 0.2% |
| 3 Bedrooms | $263K | $271K | +3.0% |
| 4 Bedrooms | $300K | $355.5K | +18.5% |
| 5+ Bedrooms | $430K | $317.5K | -26.2% |
Summary: Muhlenberg Township 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 increased by 0.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 26.2%.
Median Sold Price Compared To Nearby Cities
| Laureldale | $200K | $220.5K | +10.3% |
| Ontelaunee Township | $350K | $373.9K | +6.8% |
| Temple | $243K | $259K | +6.6% |
| Muhlenberg Township | $271K | $285.6K | +5.4% |
| Bern Township | $342K | $360K | +5.3% |
Housing Supply in Muhlenberg Township, PA
How many homes are available in Muhlenberg Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 80 | +2.6% |
Summary: The Muhlenberg Township real estate market had 80 homes for sale in October 2024, a 2.6% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 37 | 44 | +18.9% |
| 4 Bedrooms | 32 | 32 | 0.0% |
| 5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The Muhlenberg Township 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 decreased by 25%, 3 bedroom homes increased by 18.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muhlenberg Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in Muhlenberg Township in October 2024, up by 18.2% month-over-month. Of the 26 sold homes, 23% were sold under asking, 50% were sold at asking, and 27% were sold over asking.
Days on Market for Muhlenberg Township, PA
How long does it take to sell a home in Muhlenberg Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 20 Days | +130.2% |
Summary: Homes in Muhlenberg Township had an average of 20 days on market in Oct 2024, up by 130.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Muhlenberg Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in Muhlenberg Township; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
