Is Millersburg, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millersburg is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Millersburg was a Seller's Market.

Key Takeaway

Millersburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Millersburg, PA

How much do homes in Millersburg, PA cost?

Median Sold Price

$183,500

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$42,500(+30.1%)

Key Takeaway

Homes in Millersburg have sold for 30.1% more than they did a year ago.

Summary: The median home sold price in Millersburg was $183,500 in September 2024, up 30.1% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $137K$212.4K
+55.1%
3 $156K$159.9K
+2.5%
4 $145K$194.4K
+34.1%
5+ $94.9K-
N/A

Summary: Millersburg housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.1%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Millersburg
+30.1%
Upper Paxton Township
-14.5%

Housing Supply in Millersburg, PA

How many homes are available in Millersburg, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1011+10.0%

Summary: The Millersburg real estate market had 11 homes for sale in September 2024, a 10.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 43
-25.0%
5+ 01
+100.0%

Summary: The Millersburg housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 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 Millersburg, 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 Millersburg in September 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 Millersburg, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
9 Days4 Days-55.6%

Summary: Homes in Millersburg had an average of 4 days on market in Sep 2024, down by 55.6% compared to last year.

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 Millersburg are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 1 homes were sold in Millersburg; 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 30 Days Ago

Newest Listings in Millersburg, PA

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