Is Mifflin County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mifflin County is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Mifflin County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mifflin County, PA

How much do homes in Mifflin County, PA cost?

Median Sold Price

$157,750

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$7,250(-4.4%)

Key Takeaway

Homes in Mifflin County have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Mifflin County was $157,750 in February 2024, down 4.4% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $30K$82.5K
+175.0%
2 $133K$103K
-22.6%
3 $160.5K$165.5K
+3.1%
4 $195K$235.3K
+20.7%
5+ $181.9K$216K
+18.7%

Summary: Mifflin County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 175%, 2 bedroom homes decreased by 22.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 18.7%.

Median Sold Price Compared To Nearby Counties

Centre County
+4.4%
Juniata County
-2.1%
Mifflin County
-4.4%

Housing Supply in Mifflin County, PA

How many homes are available in Mifflin County, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
110115+4.5%

Summary: The Mifflin County real estate market had 115 homes for sale in February 2024, a 4.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 54
-20.0%
2 1417
+21.4%
3 6060
0.0%
4 2324
+4.3%
5+ 810
+25.0%

Summary: The Mifflin County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 21.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1820+11.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mifflin County, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Mifflin County in February 2024, up by 11.1% month-over-month. Of the 20 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.

Days on Market for Mifflin County, PA

How long does it take to sell a home in Mifflin County, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
58 Days37 Days-37.0%

Summary: Homes in Mifflin County had an average of 37 days on market in Feb 2024, down by 37% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 20 homes were sold in Mifflin County; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% 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 28 Days Ago

Newest Listings in Mifflin County, PA

Nearby Markets to Mifflin County, PA

What housing markets are near Mifflin County, PA?