Is Millersburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Millersburg has remained a Seller's Market.
Key Takeaway
Millersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millersburg, PA
How much do homes in Millersburg, PA cost?
Median Sold Price
$255,000
$109/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Millersburg have sold for 40.1% more than they did a month ago.
Summary: The median home sold price in Millersburg was $255,000 in April 2024, up 40.1% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $153.5K | $225K | +46.6% |
| 4 Bedrooms | $190K | $265K | +39.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Millersburg housing prices by bedroom type for April 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 increased by 46.6%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Millersburg | $182K | $255K | +40.1% |
| Upper Paxton Township | $217.5K | $260K | +19.5% |
Housing Supply in Millersburg, PA
How many homes are available in Millersburg, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Millersburg real estate market had 14 homes for sale in April 2024, a 6.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Millersburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millersburg, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Millersburg in April 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Millersburg, PA
How long does it take to sell a home in Millersburg, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 5 Days | -72.0% |
Summary: Homes in Millersburg had an average of 5 days on market in Apr 2024, down by 72% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millersburg are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Millersburg; 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.
