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

Housing Market Conditions



Gauge showing Mohnton is a seller's market


Difference Since August 2022

Since last year, Mohnton has remained a Seller's Market.

Key Takeaway

Mohnton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Mohnton, PA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Mohnton have sold for 86.2% more than they did a year ago.

Summary: The median home sold price in Mohnton was $344,500 in August 2023, up 86.2% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $94.5K-
2 $140K$174.9K
3 $180K$282.5K
4 $350K$377.4K
5+ $375K$465K

Summary: Mohnton housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.9%, 3 bedroom homes increased by 56.9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 24%.

Median Sold Price Compared To Nearby Cities

Cumru Township

Housing Supply

How many homes are available in Mohnton, PA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Mohnton real estate market had 46 homes for sale in August 2023, a 4.2% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 44
3 1919
4 1816
5+ 77

Summary: The Mohnton housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mohnton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Mohnton in August 2023, up by 80.0% month-over-month. Of the 18 sold homes, 6% were sold under asking, 28% were sold at asking, and 67% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
14 Days7 Days-45.0%

Summary: Homes in Mohnton had an average of 7 days on market in Aug 2023, down by 45% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 18 homes were sold in Mohnton; 94% of homes were sold within 30 days, 6% 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 25 Days Ago

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Nearby Markets

What housing markets are near Mohnton, PA?