Is Mill Hall, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mill Hall is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Mill Hall was a Seller's Market.

Key Takeaway

Mill Hall is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mill Hall, PA

How much do homes in Mill Hall, PA cost?

Median Sold Price

$239,500

$178/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$61,020(+34.2%)

Key Takeaway

Homes in Mill Hall have sold for 34.2% more than they did a month ago.

Summary: The median home sold price in Mill Hall was $239,500 in April 2024, up 34.2% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $166.7K-
N/A
3 $199K$239.5K
+20.4%
4 --
N/A
5+ --
N/A

Summary: Mill Hall housing prices by bedroom type for April 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 increased by 20.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mill Hall, PA

How many homes are available in Mill Hall, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
117-36.4%

Summary: The Mill Hall real estate market had 7 homes for sale in April 2024, a 36.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 43
-25.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Mill Hall housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mill Hall, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Mill Hall in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Mill Hall, PA

How long does it take to sell a home in Mill Hall, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
15 Days3 Days-80.4%

Summary: Homes in Mill Hall had an average of 3 days on market in Apr 2024, down by 80.4% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Mill Hall; 100% 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.

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

Report Updated 12 Days Ago

Newest Listings in Mill Hall, PA

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