Is Mount Pocono, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Mount Pocono has remained a Seller's Market.
Key Takeaway
Mount Pocono is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Mount Pocono, PA cost?
Median Sold Price
$254,400
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
+$4,400(+1.8%)
Key Takeaway
Homes in Mount Pocono have sold for 1.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $123.5K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $223.7K | $387K | +73.0% |
| 4 Bedrooms | $308.7K | $291.9K | -5.4% |
| 5+ Bedrooms | - | $250K | N/A |
Median Sold Price Compared To Nearby Cities
| Tobyhanna | $175K | $254.9K | +45.7% |
| Mount Pocono | $250K | $254.4K | +1.8% |
How many homes are available in Mount Pocono, PA?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 5 | 3 | -40.0% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Pocono, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 17 Days | 7 Days | -58.8% |
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 Pocono are selling fast, if you're buying plan to act quickly.
