Is Middlecreek Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Middlecreek Township has remained a Seller's Market.
Key Takeaway
Middlecreek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middlecreek Township, PA
How much do homes in Middlecreek Township, PA cost?
Median Sold Price
$394,250
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Middlecreek Township have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Middlecreek Township was $394,250 in May 2024, down 2.9% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $213.5K | $199.1K | -6.7% |
| 2 Bedrooms | $358K | $352.5K | -1.5% |
| 3 Bedrooms | $453.5K | $461.9K | +1.9% |
| 4 Bedrooms | $415K | $501.7K | +20.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Middlecreek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Champion | $337K | $400.2K | +18.8% |
| Middlecreek Township | $406.1K | $394.2K | -2.9% |
Housing Supply in Middlecreek Township, PA
How many homes are available in Middlecreek Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Middlecreek Township real estate market had 19 homes for sale in May 2024, a 11.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Middlecreek Township 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middlecreek Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Middlecreek Township in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Middlecreek Township, PA
How long does it take to sell a home in Middlecreek Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 155 Days | 58 Days | -62.3% |
Summary: Homes in Middlecreek Township had an average of 58 days on market in May 2024, down by 62.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Middlecreek Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Middlecreek Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
