Is Millerstown, 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, Millerstown has remained a Seller's Market.
Key Takeaway
Millerstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millerstown, PA
How much do homes in Millerstown, PA cost?
Median Sold Price
$188,000
$123/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Millerstown have sold for 37.3% less than they did a month ago.
Summary: The median home sold price in Millerstown was $188,000 in March 2024, down 37.3% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | - | N/A |
| 3 Bedrooms | $300K | $267K | -11.0% |
| 4 Bedrooms | $325K | $167K | -48.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Millerstown 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 11%, 4 bedroom homes decreased by 48.6%, and 5+ bedroom homes did not change.
Housing Supply in Millerstown, PA
How many homes are available in Millerstown, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Millerstown real estate market had 12 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 | 1 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Millerstown 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millerstown, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Millerstown in March 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Millerstown, PA
How long does it take to sell a home in Millerstown, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 Days | 9 Days | -62.0% |
Summary: Homes in Millerstown had an average of 9 days on market in Mar 2024, down by 62% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millerstown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Millerstown; 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.
