Mount Pocono Real Estate Market January 2025

Mount Pocono, PA, continues to be classified as a Seller's Market. This indicates that home prices are generally higher and properties tend to sell more quickly. The median home price in Mount Pocono has increased to $300,000, reflecting a 3.4% rise from the previous year.

Price by Bedroom Type (December 2024)

1. Bedroom: $100K (up 0.3%)

2. Bedrooms: $171K (up 18%)

3. Bedrooms: $300K (down 11.2%)

4. Bedrooms: $399K (down 30.4%)

5. Bedrooms: $200K (new listing)

   
   

Inventory and Sales Activity

In December 2024, there were only 6 homes for sale, a significant decrease of 33.3% from November 2024. The sales data reveals:

• Total homes sold: 2

• Homes sold under asking price: 100%

  
  

Average days on market: 51 days, which is an increase of 28% compared to the previous year.

The Mount Pocono real estate market is characterized by rising prices and limited inventory, making it a competitive environment for buyers. If you're looking to buy, you might find opportunities to negotiate below asking prices, as recent sales indicate homes are selling under their listed prices.

For those interested or seeking expert assistance, Contact us today! Landmark Management Services, Inc.

Source: Rocket