Is Mifflinburg, 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, Mifflinburg was a Buyer's Market.
Key Takeaway
Mifflinburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mifflinburg, PA
How much do homes in Mifflinburg, PA cost?
Median Sold Price
$235,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mifflinburg have sold for 11.3% less than they did a year ago.
Summary: The median home sold price in Mifflinburg was $235,000 in March 2024, down 11.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $170K | N/A |
| 2 Bedrooms | $180.9K | $225.5K | +24.6% |
| 3 Bedrooms | $275K | $229.4K | -16.6% |
| 4 Bedrooms | $293.7K | $355K | +20.9% |
| 5+ Bedrooms | $220K | $229K | +4.1% |
Summary: Mifflinburg 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 increased by 24.6%, 3 bedroom homes decreased by 16.6%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in Mifflinburg, PA
How many homes are available in Mifflinburg, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Mifflinburg real estate market had 16 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mifflinburg 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 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 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 Mifflinburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mifflinburg in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mifflinburg, PA
How long does it take to sell a home in Mifflinburg, PA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mifflinburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Mifflinburg; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
