Is Masontown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Masontown was a Seller's Market.
Key Takeaway
Masontown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Masontown, PA
How much do homes in Masontown, PA cost?
Median Sold Price
$126,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Masontown have sold for 16% less than they did a year ago.
Summary: The median home sold price in Masontown was $126,000 in May 2024, down 16% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $79.5K | N/A |
| 2 Bedrooms | $125.4K | $125.5K | 0.0% |
| 3 Bedrooms | $154K | $123.5K | -19.8% |
| 4 Bedrooms | $150K | $247.5K | +65.0% |
| 5+ Bedrooms | $79K | $187.5K | +137.3% |
Summary: Masontown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.8%, 4 bedroom homes increased by 65%, and 5+ bedroom homes increased by 137.3%.
Median Sold Price Compared To Nearby Cities
| Monongahela Township | $160K | $164K | +2.5% |
| German Township | $150K | $140K | -6.7% |
| Masontown | $150K | $126K | -16.0% |
Housing Supply in Masontown, PA
How many homes are available in Masontown, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Masontown real estate market had 22 homes for sale in May 2024, a 4.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Masontown 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 33.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Masontown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Masontown in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Masontown, PA
How long does it take to sell a home in Masontown, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 106 Days | 46 Days | -56.6% |
Summary: Homes in Masontown had an average of 46 days on market in May 2024, down by 56.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Masontown has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Masontown; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
