$5,415 Closing Credit*
$455,999
2,366 SqFt
4 Beds
•2 Full Baths, 1 Partial
William Shaughnessy, Listing Office: RE/MAX Regency Realty
Is Lawndale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lawndale has remained a Seller's Market.
Key Takeaway
Lawndale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lawndale, PA
How much do homes in Lawndale, PA cost?
Median Sold Price
$269,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,550(+7.8%)
Key Takeaway
Homes in Lawndale have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Lawndale was $269,000 in November 2024, up 7.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $222.5K | $255K | +14.6% |
| 3 Bedrooms | $240K | $265K | +10.4% |
| 4 Bedrooms | $275K | $322.5K | +17.3% |
| 5+ Bedrooms | $265K | $280K | +5.7% |
Summary: Lawndale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Cheltenham | $347.7K | $434.5K | +24.9% |
| Oxford Circle | $224.9K | $243.5K | +8.2% |
| Lawndale | $249.4K | $269K | +7.8% |
| Fox Chase | $320.6K | $330K | +2.9% |
| Burholme | $292.5K | $298K | +1.9% |
Housing Supply in Lawndale, PA
How many homes are available in Lawndale, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Lawndale real estate market had 20 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lawndale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawndale, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Lawndale in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Lawndale, PA
How long does it take to sell a home in Lawndale, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 22 Days | +44.6% |
Summary: Homes in Lawndale had an average of 22 days on market in Nov 2024, up by 44.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lawndale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Lawndale; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
