Is Lansford, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lansford is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Lansford has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lansford, PA

How much do homes in Lansford, PA cost?

Median Sold Price

$85,000

$58/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+11.8%)

Key Takeaway

Homes in Lansford have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Lansford was $85,000 in October 2024, up 11.8% from last year, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $42.5K$50K
+17.6%
3 $77K$82.5K
+7.1%
4 $115K$112.5K
-2.2%
5+ $95K$101.5K
+6.8%

Summary: Lansford 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 17.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Cities

Summit Hill
+15.0%
Lansford
+11.8%
Nesquehoning
+3.2%

Housing Supply in Lansford, PA

How many homes are available in Lansford, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4853+10.4%

Summary: The Lansford real estate market had 53 homes for sale in October 2024, a 10.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 2121
0.0%
4 1114
+27.3%
5+ 78
+14.3%

Summary: The Lansford 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 increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
617+183.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lansford, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Lansford in October 2024, up by 183.3% month-over-month. Of the 17 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.

Days on Market for Lansford, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days40 Days+23.9%

Summary: Homes in Lansford had an average of 40 days on market in Oct 2024, up by 23.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lansford are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in Lansford; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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 17 Days Ago

Newest Listings in Lansford, PA

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