Is Mountville, 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, Mountville has remained a Seller's Market.
Key Takeaway
Mountville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mountville, PA
How much do homes in Mountville, PA cost?
Median Sold Price
$320,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mountville have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Mountville was $320,000 in May 2024, up 11.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $249.9K | 0% |
| 3 Bedrooms | $293.1K | $325K | +10.9% |
| 4 Bedrooms | $260K | $342.5K | +31.7% |
| 5+ Bedrooms | $250K | $415K | +66.0% |
Summary: Mountville 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 did not change, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes increased by 66%.
Median Sold Price Compared To Nearby Cities
| Mountville | $286.6K | $320K | +11.7% |
| West Hempfield Township | $308K | $340K | +10.4% |
| Manor Township | $290.1K | $303K | +4.4% |
Housing Supply in Mountville, PA
How many homes are available in Mountville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Mountville real estate market had 14 homes for sale in May 2024, a 27.3% 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 | 1 | -50.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mountville 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 decreased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 9 | +800.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mountville, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Mountville in May 2024, up by 800.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 67% were sold at asking, and 22% were sold over asking.
Days on Market for Mountville, PA
How long does it take to sell a home in Mountville, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 21 Days | +323.7% |
Summary: Homes in Mountville had an average of 21 days on market in May 2024, up by 323.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mountville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Mountville; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
