Is Mount Wolf, 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 Wolf has remained a Buyer's Market.
Key Takeaway
Mount Wolf is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mount Wolf, PA
How much do homes in Mount Wolf, PA cost?
Median Sold Price
$298,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mount Wolf have sold for 35.7% more than they did a year ago.
Summary: The median home sold price in Mount Wolf was $298,500 in March 2024, up 35.7% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | - | N/A |
| 3 Bedrooms | $209.9K | $267.2K | +27.3% |
| 4 Bedrooms | $283.5K | $337.4K | +19.0% |
| 5+ Bedrooms | $309.9K | - | N/A |
Summary: Mount Wolf 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 did not change, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mount Wolf | $220K | $298.5K | +35.7% |
| Manchester | $222.5K | $234.9K | +5.6% |
| East Manchester Township | $298.7K | $289.9K | -2.9% |
Housing Supply in Mount Wolf, PA
How many homes are available in Mount Wolf, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Summary: The Mount Wolf real estate market had 20 homes for sale in March 2024, a 25.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mount Wolf 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Wolf, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Mount Wolf in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Mount Wolf, PA
How long does it take to sell a home in Mount Wolf, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 3 Days | 5 Days | +83.3% |
Summary: Homes in Mount Wolf had an average of 5 days on market in Mar 2024, up by 83.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were 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 Wolf are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Mount Wolf; 100% 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.
