Is Mount Carmel, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mount Carmel has remained a Buyer's Market.
Housing Prices in Mount Carmel, PA
How much do homes in Mount Carmel, PA cost?
Median Sold Price
$48,500
$42/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mount Carmel was $48,500 in March 2024, up 15.5% from last year, and the median price per square foot was $42.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25.5K | - | N/A |
2 Bedrooms | $36.5K | $46.5K | +27.4% |
3 Bedrooms | $47K | $46K | -2.1% |
4 Bedrooms | $52.2K | $60.9K | +16.7% |
5+ Bedrooms | $62.7K | $72K | +14.7% |
Summary: Mount Carmel housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
Mount Carmel | $42K | $48.5K | +15.5% |
Mount Carmel Township | $44K | $48.5K | +10.2% |
Housing Supply in Mount Carmel, PA
How many homes are available in Mount Carmel, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 47 | +4.4% |
Summary: The Mount Carmel real estate market had 47 homes for sale in March 2024, a 4.4% increase 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 | 8 | 9 | +12.5% |
3 Bedrooms | 24 | 26 | +8.3% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mount Carmel 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 12.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Mount Carmel in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Mount Carmel, PA
How long does it take to sell a home in Mount Carmel, PA?
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
Summary: During March 2024, 6 homes were sold in Mount Carmel; 17% 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.