Is Mc Connellsburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mc Connellsburg has remained a Neutral Market.
Key Takeaway
Mc Connellsburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mc Connellsburg, PA
How much do homes in Mc Connellsburg, PA cost?
Median Sold Price
$167,500
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mc Connellsburg have sold for 17.1% less than they did a year ago.
Summary: The median home sold price in Mc Connellsburg was $167,500 in May 2024, down 17.1% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.5K | $122K | +3.8% |
| 3 Bedrooms | $196K | $167.5K | -14.5% |
| 4 Bedrooms | $240K | $237.5K | -1.0% |
| 5+ Bedrooms | - | $215K | N/A |
Summary: Mc Connellsburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes did not change.
Housing Supply in Mc Connellsburg, PA
How many homes are available in Mc Connellsburg, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Mc Connellsburg real estate market had 7 homes for sale in May 2024, a 40.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mc Connellsburg housing inventory by bedroom type for May 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 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Connellsburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Mc Connellsburg in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Connellsburg, PA
How long does it take to sell a home in Mc Connellsburg, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 174 Days | 12 Days | -93.1% |
Summary: Homes in Mc Connellsburg had an average of 12 days on market in May 2024, down by 93.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mc Connellsburg are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Mc Connellsburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
