Is Mifflin County, 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, Mifflin County was a Seller's Market.
Key Takeaway
Mifflin County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mifflin County, PA
How much do homes in Mifflin County, PA cost?
Median Sold Price
$150,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mifflin County have sold for 11.8% less than they did a year ago.
Summary: The median home sold price in Mifflin County was $150,000 in May 2024, down 11.8% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46.2K | $83.5K | +80.5% |
| 2 Bedrooms | $133K | $99.9K | -24.9% |
| 3 Bedrooms | $165K | $159.9K | -3.1% |
| 4 Bedrooms | $240K | $227.9K | -5.0% |
| 5+ Bedrooms | $182K | $232.5K | +27.7% |
Summary: Mifflin County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.5%, 2 bedroom homes decreased by 24.9%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 27.7%.
Median Sold Price Compared To Nearby Counties
| Centre County | $330K | $352.8K | +6.9% |
| Huntingdon County | $172K | $180K | +4.7% |
| Juniata County | $187.5K | $189K | +0.8% |
| Snyder County | $225K | $210K | -6.7% |
| Mifflin County | $170K | $150K | -11.8% |
Housing Supply in Mifflin County, PA
How many homes are available in Mifflin County, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 97 | 105 | +8.2% |
Summary: The Mifflin County real estate market had 105 homes for sale in May 2024, a 8.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 15 | 20 | +33.3% |
| 3 Bedrooms | 57 | 58 | +1.8% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Mifflin County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 14 | -48.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mifflin County, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Mifflin County in May 2024, down by 48.1% month-over-month. Of the 14 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.
Days on Market for Mifflin County, PA
How long does it take to sell a home in Mifflin County, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 23 Days | -22.5% |
Summary: Homes in Mifflin County had an average of 23 days on market in May 2024, down by 22.5% compared to last year.
Breakdown of Home Sale Times
11 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 Mifflin County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 14 homes were sold in Mifflin County; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
