Is Mountainville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountainville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Mountainville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mountainville, PA

How much do homes in Mountainville, PA cost?

Median Sold Price

$270,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,050(+13.5%)

Key Takeaway

Homes in Mountainville have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Mountainville was $270,000 in April 2024, up 13.5% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $132K$110K
-16.7%
2 $201.9K$215K
+6.5%
3 $249.9K$270K
+8.0%
4 $268K$302.2K
+12.8%
5+ -$342K
N/A

Summary: Mountainville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

South Side
+13.6%
Mountainville
+13.5%
Cumberland Gardens
-5.1%

Housing Supply in Mountainville, PA

How many homes are available in Mountainville, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1422+57.1%

Summary: The Mountainville real estate market had 22 homes for sale in April 2024, a 57.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 612
+100.0%
4 46
+50.0%
5+ 00
0.0%

Summary: The Mountainville housing inventory by bedroom type for April 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 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountainville, 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 Mountainville in April 2024, up by 50.0% 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 Mountainville, PA

How long does it take to sell a home in Mountainville, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days21 Days+188.4%

Summary: Homes in Mountainville had an average of 21 days on market in Apr 2024, up by 188.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Mountainville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Mountainville, PA

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