Is Marion Heights, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Marion Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Marion Heights, PA

How much do homes in Marion Heights, PA cost?

Median Sold Price

$98,000

$29/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$27,000(-21.6%)

Key Takeaway

Homes in Marion Heights have sold for 21.6% less than they did a month ago.

Summary: The median home sold price in Marion Heights was $98,000 in May 2024, down 21.6% from last month, and the median price per square foot was $29.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $125K-
N/A
3 --
N/A
4 --
N/A
5+ -$98K
N/A

Summary: Marion Heights housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Marion Heights, PA

How many homes are available in Marion Heights, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
220.0%

Summary: The Marion Heights real estate market had 2 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 01
+100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Marion Heights housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Marion Heights in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Marion Heights, PA

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

Breakdown of Home Sale Times

1 Home Was 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 Marion Heights are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Marion Heights; 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 1 Day Ago

Newest Listings in Marion Heights, PA

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