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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Munhall is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Munhall, PA

How much do homes in Munhall, PA cost?

Median Sold Price

$167,725

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,225(+9.3%)

Key Takeaway

Homes in Munhall have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Munhall was $167,725 in October 2024, up 9.3% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $106.6K$135K
+26.6%
3 $164K$173.4K
+5.8%
4 $180K$185K
+2.8%
5+ $169K$179.7K
+6.4%

Summary: Munhall 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 26.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Cities

Munhall
+9.3%
Homestead
+2.8%
West Homestead
-45.5%

Housing Supply in Munhall, PA

How many homes are available in Munhall, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5665+16.1%

Summary: The Munhall real estate market had 65 homes for sale in October 2024, a 16.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 3138
+22.6%
4 88
0.0%
5+ 44
0.0%

Summary: The Munhall 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 increased by 15.4%, 3 bedroom homes increased by 22.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Munhall, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Munhall in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for Munhall, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days45 Days+18.2%

Summary: Homes in Munhall had an average of 45 days on market in Oct 2024, up by 18.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Munhall; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 Munhall, PA

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