Is Millersburg, 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, Millersburg has remained a Seller's Market.
Housing Prices in Millersburg, PA
How much do homes in Millersburg, PA cost?
Median Sold Price
$167,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Millersburg was $167,500 in May 2024, up 11.7% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $37.5K | $151K | +302.7% |
3 Bedrooms | $149.9K | $146.5K | -2.3% |
4 Bedrooms | - | $190K | N/A |
5+ Bedrooms | - | $94.9K | N/A |
Summary: Millersburg 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 302.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Millersburg, PA
How many homes are available in Millersburg, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Summary: The Millersburg real estate market had 10 homes for sale in May 2024, a 28.6% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 9 | -25.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Millersburg 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 decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Millersburg in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Millersburg, PA
How long does it take to sell a home in Millersburg, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 27 Days | +35.0% |
Summary: Homes in Millersburg had an average of 27 days on market in May 2024, up by 35% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Millersburg; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.