Is Mahanoy City, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Mahanoy City was a Buyer's Market.
Housing Prices in Mahanoy City, PA
How much do homes in Mahanoy City, PA cost?
Median Sold Price
$65,000
$55/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Mahanoy City was $65,000 in February 2024, up 333.3% from last month, and the median price per square foot was $55.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $36K | N/A |
3 Bedrooms | $30K | $80K | +166.7% |
4 Bedrooms | $7K | $65K | +828.6% |
5+ Bedrooms | $15K | $65.5K | +336.7% |
Summary: Mahanoy City housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 166.7%, 4 bedroom homes increased by 828.6%, and 5+ bedroom homes increased by 336.7%.
Housing Supply in Mahanoy City, PA
How many homes are available in Mahanoy City, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
Summary: The Mahanoy City real estate market had 27 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Mahanoy City housing inventory by bedroom type for February 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 42.9%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mahanoy City in February 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mahanoy City, PA
How long does it take to sell a home in Mahanoy City, PA?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 Days | 68 Days | +206.3% |
Summary: Homes in Mahanoy City had an average of 68 days on market in Feb 2024, up by 206.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Mahanoy City; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.