Is Mount Carmel Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mount Carmel Township has remained a Seller's Market.
Housing Prices in Mount Carmel Township, PA
How much do homes in Mount Carmel Township, PA cost?
Median Sold Price
$47,250
$42/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mount Carmel Township was $47,250 in April 2024, down 7.4% from last year, and the median price per square foot was $42.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $21K | $15K | -28.6% |
2 Bedrooms | $37K | $34K | -8.1% |
3 Bedrooms | $53K | $46K | -13.2% |
4 Bedrooms | $56.5K | $69K | +22.1% |
5+ Bedrooms | $62.7K | $72K | +14.7% |
Summary: Mount Carmel Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
Mount Carmel Township | $51K | $47.2K | -7.4% |
Mount Carmel | $50K | $46K | -8.0% |
Housing Supply in Mount Carmel Township, PA
How many homes are available in Mount Carmel Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 37 | +27.6% |
Summary: The Mount Carmel Township real estate market had 37 homes for sale in April 2024, a 27.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mount Carmel Township 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Mount Carmel Township in April 2024, up by 71.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for Mount Carmel Township, PA
How long does it take to sell a home in Mount Carmel Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 17 Days | -50.0% |
Summary: Homes in Mount Carmel Township had an average of 17 days on market in Apr 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Mount Carmel Township; 33% 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.