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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laureldale is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Laureldale, PA

How much do homes in Laureldale, PA cost?

Median Sold Price

$220,500

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,500(+10.3%)

Key Takeaway

Homes in Laureldale have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Laureldale was $220,500 in October 2024, up 10.3% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$120K
N/A
2 $202.5K$182.5K
-9.9%
3 $196K$219.9K
+12.2%
4 $235.2K$255.3K
+8.5%
5+ $195K$250K
+28.2%

Summary: Laureldale 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 decreased by 9.9%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 28.2%.

Median Sold Price Compared To Nearby Cities

Laureldale
+10.3%
Temple
+6.6%
Muhlenberg Township
+5.4%

Housing Supply in Laureldale, PA

How many homes are available in Laureldale, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Laureldale real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 76
-14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Laureldale 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 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 Laureldale, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Laureldale in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Laureldale, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days10 Days+184.2%

Summary: Homes in Laureldale had an average of 10 days on market in Oct 2024, up by 184.2% compared to last year.

Breakdown of Home Sale Times

5 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 Laureldale are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Laureldale; 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 17 Days Ago

Newest Listings in Laureldale, PA

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