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

Housing Market Conditions



Gauge showing Muhlenberg Township is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Muhlenberg Township, PA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Muhlenberg Township have sold for 13% more than they did a year ago.

Summary: The median home sold price in Muhlenberg Township was $260,000 in August 2023, up 13% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 --
2 $185K$197K
3 $221K$255.5K
4 $262.4K$285K
5+ $180K$430K

Summary: Muhlenberg Township housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 138.9%.

Median Sold Price Compared To Nearby Cities

Muhlenberg Township
Bern Township

Housing Supply

How many homes are available in Muhlenberg Township, PA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Muhlenberg Township real estate market had 70 homes for sale in August 2023, a 11.4% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 35
3 4133
4 2929
5+ 63

Summary: The Muhlenberg Township housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Muhlenberg Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Muhlenberg Township in August 2023, down by 16.7% month-over-month. Of the 20 sold homes, 15% were sold under asking, 25% were sold at asking, and 60% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
10 Days17 Days+68.3%

Summary: Homes in Muhlenberg Township had an average of 17 days on market in Aug 2023, up by 68.3% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 20 homes were sold in Muhlenberg Township; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% 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 25 Days Ago

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Nearby Markets

What housing markets are near Muhlenberg Township, PA?