Is Leacock Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leacock Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Leacock Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Leacock Township, PA

How much do homes in Leacock Township, PA cost?

Median Sold Price

$453,000

$186/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$158,000(-25.9%)

Key Takeaway

Homes in Leacock Township have sold for 25.9% less than they did a month ago.

Summary: The median home sold price in Leacock Township was $453,000 in October 2024, down 25.9% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $611K-
N/A
3 -$371K
N/A
4 -$535K
N/A
5+ --
N/A

Summary: Leacock Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Upper Leacock Township
+19.7%
Ronks
-9.0%
Leacock Township
-25.9%
Gordonville
-35.1%

Housing Supply in Leacock Township, PA

How many homes are available in Leacock Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
54-20.0%

Summary: The Leacock Township real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 11
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Leacock 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leacock 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 Leacock 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 Leacock Township, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
6 Days24 Days+308.3%

Summary: Homes in Leacock Township had an average of 24 days on market in Oct 2024, up by 308.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Leacock Township; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Leacock Township, PA

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