$5,284 Closing Credit*
$445,000
984 SqFt
3 Beds
•2 Full Baths
Listing Office: Century 21 Select Group
Is Lake Harmony, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lake Harmony was a Seller's Market.
Key Takeaway
Lake Harmony is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Harmony, PA
How much do homes in Lake Harmony, PA cost?
Median Sold Price
$395,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$43,500(-9.9%)
Key Takeaway
Homes in Lake Harmony have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in Lake Harmony was $395,000 in October 2024, down 9.9% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224.5K | $327.5K | +45.9% |
| 2 Bedrooms | $352K | $320K | -9.1% |
| 3 Bedrooms | $420K | $385K | -8.3% |
| 4 Bedrooms | $530.5K | $512.5K | -3.4% |
| 5+ Bedrooms | $627.5K | $624K | -0.6% |
Summary: Lake Harmony housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.9%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
| Tobyhanna Township | $249K | $274.4K | +10.2% |
| Albrightsville | $297.9K | $290K | -2.7% |
| Kidder Township | $409.5K | $379K | -7.4% |
| Lake Harmony | $438.5K | $395K | -9.9% |
Housing Supply in Lake Harmony, PA
How many homes are available in Lake Harmony, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 36 | -14.3% |
Summary: The Lake Harmony real estate market had 36 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Lake Harmony housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Harmony, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lake Harmony in October 2024, down by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Harmony, PA
How long does it take to sell a home in Lake Harmony, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 128 Days | 66 Days | -48.2% |
Summary: Homes in Lake Harmony had an average of 66 days on market in Oct 2024, down by 48.2% 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
Key Takeaway
Many homes in Lake Harmony are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Lake Harmony; 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.
