Is Millersburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Millersburg has remained a Seller's Market.
Key Takeaway
Millersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millersburg, PA
How much do homes in Millersburg, PA cost?
Median Sold Price
$153,500
$77/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Millersburg have sold for 18.5% less than they did a month ago.
Summary: The median home sold price in Millersburg was $153,500 in March 2024, down 18.5% from last month, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $192.5K | $125K | -35.1% |
| 4 Bedrooms | $124.2K | $190K | +52.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Millersburg housing prices by bedroom type for March 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 decreased by 35.1%, 4 bedroom homes increased by 52.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Upper Paxton Township | $215K | $182K | -15.3% |
| Millersburg | $188.2K | $153.5K | -18.5% |
Housing Supply in Millersburg, PA
How many homes are available in Millersburg, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Summary: The Millersburg real estate market had 23 homes for sale in March 2024, a 17.9% decrease compared to 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 | 20 | 17 | -15.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Millersburg 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 15%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millersburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Millersburg in March 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 23 Days | -55.3% |
Summary: Homes in Millersburg had an average of 23 days on market in Mar 2024, down by 55.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millersburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Millersburg; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
