Is Mount Carmel Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mount Carmel Township was a Buyer's Market.
Key Takeaway
Mount Carmel Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mount Carmel Township, PA
How much do homes in Mount Carmel Township, PA cost?
Median Sold Price
$48,500
$42/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mount Carmel Township have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Mount Carmel Township was $48,500 in March 2024, up 10.2% 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 | $21K | - | N/A |
| 2 Bedrooms | $36.5K | $46.5K | +27.4% |
| 3 Bedrooms | $48.5K | $46K | -5.2% |
| 4 Bedrooms | $56.5K | $69K | +22.1% |
| 5+ Bedrooms | $52K | $72K | +38.5% |
Summary: Mount Carmel Township 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 5.2%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes increased by 38.5%.
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 Township, PA
How many homes are available in Mount Carmel Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The Mount Carmel Township real estate market had 39 homes for sale in March 2024, a 11.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mount Carmel Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, 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
Key Takeaway
If you're buying a home in Mount Carmel Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mount Carmel Township 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 Township, PA
How long does it take to sell a home in Mount Carmel Township, 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
Key Takeaway
Many homes in Mount Carmel Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Mount Carmel Township; 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.
