Is Mc Veytown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Veytown is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mc Veytown has remained a Seller's Market.

Key Takeaway

Mc Veytown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mc Veytown, PA

How much do homes in Mc Veytown, PA cost?

Median Sold Price

$276,500

$138/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$62,500(-18.4%)

Key Takeaway

Homes in Mc Veytown have sold for 18.4% less than they did a month ago.

Summary: The median home sold price in Mc Veytown was $276,500 in February 2024, down 18.4% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $339K$276.5K
-18.4%
4 --
N/A
5+ --
N/A

Summary: Mc Veytown 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 decreased by 18.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mc Veytown
-18.4%
Bratton Township
-51.2%

Housing Supply in Mc Veytown, PA

How many homes are available in Mc Veytown, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
880.0%

Summary: The Mc Veytown real estate market had 8 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 23
+50.0%
2 00
0.0%
3 43
-25.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Mc Veytown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Veytown, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Mc Veytown in February 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Mc Veytown, PA

How long does it take to sell a home in Mc Veytown, PA?

Average Sale Time

Jan 2024Feb 2024CHANGE
18 Days37 Days+108.3%

Summary: Homes in Mc Veytown had an average of 37 days on market in Feb 2024, up by 108.3% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mc Veytown are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 2 homes were sold in Mc Veytown; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Mc Veytown, PA

Nearby Markets to Mc Veytown, PA