Is Meyersdale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Meyersdale has remained a Seller's Market.
Key Takeaway
Meyersdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meyersdale, PA
How much do homes in Meyersdale, PA cost?
Median Sold Price
$144,950
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Meyersdale have sold for 39.4% more than they did a year ago.
Summary: The median home sold price in Meyersdale was $144,950 in March 2024, up 39.4% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | $78K | +7.6% |
| 2 Bedrooms | $94.2K | $125K | +32.6% |
| 3 Bedrooms | $137K | $157.4K | +14.9% |
| 4 Bedrooms | $74K | $162.5K | +119.6% |
| 5+ Bedrooms | $129K | $262.5K | +103.5% |
Summary: Meyersdale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 32.6%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 119.6%, and 5+ bedroom homes increased by 103.5%.
Housing Supply in Meyersdale, PA
How many homes are available in Meyersdale, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Meyersdale real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Meyersdale 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meyersdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Meyersdale in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Meyersdale, PA
How long does it take to sell a home in Meyersdale, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 97 Days | 63 Days | -35.1% |
Summary: Homes in Meyersdale had an average of 63 days on market in Mar 2024, down by 35.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Meyersdale has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Meyersdale; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
