Is Mohrsville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mohrsville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mohrsville was a Neutral Market.

Key Takeaway

Mohrsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mohrsville, PA

How much do homes in Mohrsville, PA cost?

Median Sold Price

$405,000

$142/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$65,000(-13.8%)

Key Takeaway

Homes in Mohrsville have sold for 13.8% less than they did a month ago.

Summary: The median home sold price in Mohrsville was $405,000 in May 2024, down 13.8% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $470K$460K
-2.1%
5+ -$350K
N/A

Summary: Mohrsville housing prices by bedroom type for May 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 did not change, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mohrsville
-13.8%
Penn Township
-81.5%

Housing Supply in Mohrsville, PA

How many homes are available in Mohrsville, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
710+42.9%

Summary: The Mohrsville real estate market had 10 homes for sale in May 2024, a 42.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 14
+300.0%
4 55
0.0%
5+ 11
0.0%

Summary: The Mohrsville 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 remained the same, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mohrsville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Mohrsville in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mohrsville, PA

How long does it take to sell a home in Mohrsville, PA?

Average Sale Time

Apr 2024May 2024CHANGE
23 Days40 Days+75.0%

Summary: Homes in Mohrsville had an average of 40 days on market in May 2024, up by 75% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mohrsville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Mohrsville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Mohrsville, PA

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