$3,064 Closing Credit*
$258,000
1,664 SqFt
4 Beds
•2 Full Baths
Kelly Shulenberger, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Lamar Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lamar Township has remained a Seller's Market.
Key Takeaway
Lamar Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lamar Township, PA
How much do homes in Lamar Township, PA cost?
Median Sold Price
$317,400
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$142,450(+81.4%)
Key Takeaway
Homes in Lamar Township have sold for 81.4% more than they did a year ago.
Summary: The median home sold price in Lamar Township was $317,400 in October 2024, up 81.4% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $174.9K | $314.9K | +80.0% |
| 4 Bedrooms | $81K | $302.5K | +273.5% |
| 5+ Bedrooms | $325K | $322.4K | -0.8% |
Summary: Lamar Township 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 did not change, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 273.5%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Lamar Township | $174.9K | $317.4K | +81.4% |
| Mill Hall | $215K | $199K | -7.4% |
Housing Supply in Lamar Township, PA
How many homes are available in Lamar Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Lamar Township real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lamar Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lamar Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lamar Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lamar Township, PA
How long does it take to sell a home in Lamar Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 60 Days | +900.0% |
Summary: Homes in Lamar Township had an average of 60 days on market in Oct 2024, up by 900% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lamar Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Lamar Township; 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.
