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 October 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

$413,500

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$165,769(-28.6%)

Key Takeaway

Homes in East Liberty have sold for 28.6% less than they did a year ago.

Summary: The median home sold price in East Liberty was $413,500 in October 2024, down 28.6% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $110K$275K
+150.0%
3 $590K$356.2K
-39.6%
4 $599.4K$618.7K
+3.2%
5+ $612.5K$407K
-33.6%

Summary: East Liberty housing prices by bedroom type for October 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 39.6%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Neighborhoods

Highland Park
+39.9%
Shadyside
+7.8%
East Liberty
-28.6%

Housing Supply in East Liberty, PA

How many homes are available in East Liberty, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1318+38.5%

Summary: The East Liberty real estate market had 18 homes for sale in October 2024, a 38.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 48
+100.0%
4 36
+100.0%
5+ 43
-25.0%

Summary: The East Liberty housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Liberty, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in East Liberty in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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

Oct 2023Oct 2024CHANGE
36 Days3 Days-90.9%

Summary: Homes in East Liberty had an average of 3 days on market in Oct 2024, down by 90.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 3 homes were sold in East Liberty; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

Newest Listings in East Liberty, PA

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