Is Mc Connellsburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mc Connellsburg was a Buyer's Market.
Key Takeaway
Mc Connellsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Connellsburg, PA
How much do homes in Mc Connellsburg, PA cost?
Median Sold Price
$167,500
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mc Connellsburg have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in Mc Connellsburg was $167,500 in March 2024, down 11.4% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $122K | -2.4% |
| 3 Bedrooms | $202K | $167.5K | -17.1% |
| 4 Bedrooms | $214.9K | $265K | +23.3% |
| 5+ Bedrooms | - | $215K | N/A |
Summary: Mc Connellsburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 23.3%, 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
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Mc Connellsburg real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Mc Connellsburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were 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 3 homes were sold or pending in Mc Connellsburg in March 2024, up by 200.0% month-over-month. Of the 3 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 306 Days | 57 Days | -81.3% |
Summary: Homes in Mc Connellsburg had an average of 57 days on market in Mar 2024, down by 81.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mc Connellsburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Mc Connellsburg; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
