Is Monongahela Township, 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, Monongahela Township was a Seller's Market.
Housing Prices in Monongahela Township, PA
How much do homes in Monongahela Township, PA cost?
Median Sold Price
$164,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Monongahela Township was $164,000 in May 2024, up 2.5% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | - | N/A |
2 Bedrooms | $87K | $80K | -8.0% |
3 Bedrooms | $183K | $169.7K | -7.2% |
4 Bedrooms | $200K | $275K | +37.5% |
5+ Bedrooms | $148K | $250K | +68.9% |
Summary: Monongahela Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 68.9%.
Median Sold Price Compared To Nearby Cities
Monongahela Township | $160K | $164K | +2.5% |
Masontown | $150K | $126K | -16.0% |
Housing Supply in Monongahela Township, PA
How many homes are available in Monongahela Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 46 | +24.3% |
Summary: The Monongahela Township real estate market had 46 homes for sale in May 2024, a 24.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 20 | 25 | +25.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Monongahela 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 27.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Monongahela Township in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Monongahela Township, PA
How long does it take to sell a home in Monongahela Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 85 Days | +96.8% |
Summary: Homes in Monongahela Township had an average of 85 days on market in May 2024, up by 96.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Monongahela Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.