Is West Mifflin, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Mifflin is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Mifflin was a Seller's Market.

Key Takeaway

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

Housing Prices in West Mifflin, PA

How much do homes in West Mifflin, PA cost?

Median Sold Price

$172,250

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,750(+6.0%)

Key Takeaway

Homes in West Mifflin have sold for 6% more than they did a year ago.

Summary: The median home sold price in West Mifflin was $172,250 in October 2024, up 6% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $91.6K$74.9K
-18.2%
2 $127K$149.2K
+17.5%
3 $175K$175K
0.0%
4 $194.9K$223K
+14.4%
5+ -$297.4K
N/A

Summary: West Mifflin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 17.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Munhall
+9.3%
West Mifflin
+6.0%

Housing Supply in West Mifflin, PA

How many homes are available in West Mifflin, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8084+5.0%

Summary: The West Mifflin real estate market had 84 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2118
-14.3%
3 5158
+13.7%
4 66
0.0%
5+ 11
0.0%

Summary: The West Mifflin 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 14.3%, 3 bedroom homes increased by 13.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2010-50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in West Mifflin in October 2024, down by 50.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for West Mifflin, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days52 Days+106.5%

Summary: Homes in West Mifflin had an average of 52 days on market in Oct 2024, up by 106.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in West Mifflin; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

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