Is East Liberty, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Liberty is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, East Liberty was a Seller's Market.

Key Takeaway

East Liberty is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in East Liberty, PA

How much do homes in East Liberty, PA cost?

Median Sold Price

$412,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$178,000(-30.2%)

Key Takeaway

Homes in East Liberty have sold for 30.2% less than they did a year ago.

Summary: The median home sold price in East Liberty was $412,000 in November 2024, down 30.2% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $110K$275K
+150.0%
3 $600K$404.7K
-32.5%
4 $607.2K$594K
-2.2%
5+ $592.5K$407K
-31.3%

Summary: East Liberty housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 32.5%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 31.3%.

Median Sold Price Compared To Nearby Neighborhoods

Highland Park
+25.2%
Garfield
+8.7%
Shadyside
+8.6%
East Liberty
-30.2%

Housing Supply in East Liberty, PA

How many homes are available in East Liberty, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The East Liberty real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 89
+12.5%
4 66
0.0%
5+ 33
0.0%

Summary: The East Liberty housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Liberty, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in East Liberty in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for East Liberty, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
67 Days63 Days-6.2%

Summary: Homes in East Liberty had an average of 63 days on market in Nov 2024, down by 6.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 East Liberty are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in East Liberty; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in East Liberty, PA

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