Is Munhall, 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, Munhall has remained a Seller's Market.
Housing Prices in Munhall, PA
How much do homes in Munhall, PA cost?
Median Sold Price
$162,500
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Munhall was $162,500 in March 2024, up 15.2% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $106K | $126.3K | +19.2% |
3 Bedrooms | $161.2K | $168.9K | +4.8% |
4 Bedrooms | $179.9K | $211K | +17.3% |
5+ Bedrooms | $182.4K | $184K | +0.8% |
Summary: Munhall 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 increased by 19.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Cities
Homestead | $124K | $150.5K | +21.4% |
Munhall | $141.1K | $162.5K | +15.2% |
Housing Supply in Munhall, PA
How many homes are available in Munhall, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 44 | +7.3% |
Summary: The Munhall real estate market had 44 homes for sale in March 2024, a 7.3% 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 | 16 | 21 | +31.3% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Munhall 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 increased by 31.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Munhall in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for Munhall, PA
How long does it take to sell a home in Munhall, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 64 Days | +66.7% |
Summary: Homes in Munhall had an average of 64 days on market in Mar 2024, up by 66.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Munhall; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.