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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mifflin Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Mifflin Township, PA

How much do homes in Mifflin Township, PA cost?

Median Sold Price

$195,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$9,950(-4.9%)

Key Takeaway

Homes in Mifflin Township have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in Mifflin Township was $195,000 in May 2024, down 4.9% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $120K$131.8K
+9.8%
3 $202.5K$235K
+16.0%
4 $225K$402.5K
+78.9%
5+ $385K-
N/A

Summary: Mifflin Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 78.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Berwick
+21.3%
Beaver Township
+3.9%
Mifflin Township
-4.9%

Housing Supply in Mifflin Township, PA

How many homes are available in Mifflin Township, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
57+40.0%

Summary: The Mifflin Township real estate market had 7 homes for sale in May 2024, a 40.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 01
+100.0%
3 33
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Mifflin Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mifflin Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mifflin Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mifflin Township, PA

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mifflin Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 2 homes were sold in Mifflin Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in Mifflin Township, PA

Nearby Markets to Mifflin Township, PA

What housing markets are near Mifflin Township, PA?