Mill Run Housing Market Report February 2025•Fayette County, Pennsylvania

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Housing Prices in Mill Run, PA

How much do homes in Mill Run, PA cost?

Housing Market Conditions

Is Mill Run, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mill Run is a Seller's Market

Difference Since January 2025

Last month, Mill Run has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$385,000–
+$234,650
+156.1%

Based on all homes sold in February 2025

Insight

Homes in Mill Run have sold for 156.1% more than they did a month ago.

Summary: The median home sold price in Mill Run was $385,000 in February 2025, up 156.1% from last month, and the median price per square foot was $0.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2--
N/A
3$150.3K$385K
+156.1%
4--
N/A
5--
N/A

Summary: Mill Run housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +156.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Mill Run, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Mill Run, PA

Housing supply in Mill Run, PA

How many homes are available in Mill Run, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthFeb 2025
22 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Mill Run real estate market had 2 homes for sale in Feb 2025, the same as Jan 2025

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthFeb 2025
12 months agoJan 2025
0.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
201
+100.0%
321
-50.0%
400
0.0%
500
0.0%

Summary: Mill Run housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Mill Run, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Mill Run, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Mill Run in February 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Mill Run, PA

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Mill Run has remained consistent over time.

Summary: During February 2025, 1 homes were sold in Mill Run; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
36 DaysLast MonthFeb 2025
74 Days1 month agoJan 2025
-51.4 %
Change MoMJan – Feb

Summary: Homes in Mill Run had an average listing age of 36 days in Feb 2025, down by 51.4% compared to the previous month.

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Newest Listings in Mill Run, PA

What homes are available in Mill Run, PA?

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MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., and Allegheny Highland Association of REALTORS MLS for the period 01/01/2025 - 03/01/2025

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided in part by the Allegheny Highland Association of Realtors MLS for personal, non-commercial use. No Data may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © 2025 Allegheny Highland Association of Realtors MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:16:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.