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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountville is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Mountville was a Seller's Market.

Key Takeaway

Mountville 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 Mountville, PA

How much do homes in Mountville, PA cost?

Median Sold Price

$317,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$22,000(+7.5%)

Key Takeaway

Homes in Mountville have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Mountville was $317,000 in February 2024, up 7.5% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $276.2K$249.9K
-9.5%
3 $296.5K$319.5K
+7.8%
4 $235K$350K
+48.9%
5+ $250K$415K
+66.0%

Summary: Mountville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 48.9%, and 5+ bedroom homes increased by 66%.

Median Sold Price Compared To Nearby Cities

West Hempfield Township
+9.5%
Mountville
+7.5%
Manor Township
+6.8%

Housing Supply in Mountville, PA

How many homes are available in Mountville, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1512-20.0%

Summary: The Mountville real estate market had 12 homes for sale in February 2024, a 20.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 96
-33.3%
4 34
+33.3%
5+ 11
0.0%

Summary: The Mountville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mountville in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mountville, PA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
28 Days3 Days-89.3%

Summary: Homes in Mountville had an average of 3 days on market in Feb 2024, down by 89.3% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Mountville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Mountville, PA

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