Is Mount Pleasant Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Pleasant Township is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Mount Pleasant Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Pleasant Township, PA

How much do homes in Mount Pleasant Township, PA cost?

Median Sold Price

$198,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$3,500(-1.7%)

Key Takeaway

Homes in Mount Pleasant Township have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Mount Pleasant Township was $198,500 in August 2024, down 1.7% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$124K
N/A
2 $151.4K$159.5K
+5.3%
3 $204K$198K
-2.9%
4 $259.9K$325K
+25.0%
5+ $240K$370.9K
+54.6%

Summary: Mount Pleasant Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 54.6%.

Median Sold Price Compared To Nearby Cities

Oxford Township
+15.1%
Conewago Township
+2.8%
Mount Pleasant Township
-1.7%
Straban Township
-10.5%

Housing Supply in Mount Pleasant Township, PA

How many homes are available in Mount Pleasant Township, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4553+17.8%

Summary: The Mount Pleasant Township real estate market had 53 homes for sale in August 2024, a 17.8% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 01
+100.0%
2 1011
+10.0%
3 2630
+15.4%
4 89
+12.5%
5+ 12
+100.0%

Summary: The Mount Pleasant Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Pleasant Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Mount Pleasant Township in August 2024, up by 62.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.

Days on Market for Mount Pleasant Township, PA

How long does it take to sell a home in Mount Pleasant Township, PA?

Average Sale Time

Aug 2023Aug 2024CHANGE
31 Days40 Days+26.0%

Summary: Homes in Mount Pleasant Township had an average of 40 days on market in Aug 2024, up by 26% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 13 homes were sold in Mount Pleasant Township; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% 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 14 Days Ago

Newest Listings in Mount Pleasant Township, PA

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What housing markets are near Mount Pleasant Township, PA?