Is West Mifflin, 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, West Mifflin has remained a Seller's Market.
Key Takeaway
West Mifflin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Mifflin, PA
How much do homes in West Mifflin, PA cost?
Median Sold Price
$165,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in West Mifflin have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in West Mifflin was $165,000 in May 2024, down 1.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.1K | $61K | -40.8% |
| 2 Bedrooms | $127K | $126.5K | -0.4% |
| 3 Bedrooms | $170K | $178K | +4.7% |
| 4 Bedrooms | $210K | $199.9K | -4.8% |
| 5+ Bedrooms | - | $364K | N/A |
Summary: West Mifflin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.8%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes did not change.
Housing Supply in West Mifflin, PA
How many homes are available in West Mifflin, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 73 | 81 | +11.0% |
Summary: The West Mifflin real estate market had 81 homes for sale in May 2024, a 11.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 18 | 22 | +22.2% |
| 3 Bedrooms | 41 | 48 | +17.1% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The West Mifflin 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 increased by 22.2%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Mifflin, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in West Mifflin in May 2024, up by 26.7% month-over-month. Of the 19 sold homes, 42% were sold under asking, 21% were sold at asking, and 37% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 61 Days | 42 Days | -31.0% |
Summary: Homes in West Mifflin had an average of 42 days on market in May 2024, down by 31% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Mifflin are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 19 homes were sold in West Mifflin; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
