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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leesport is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Leesport, PA

How much do homes in Leesport, PA cost?

Median Sold Price

$359,950

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,950(+5.9%)

Key Takeaway

Homes in Leesport have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Leesport was $359,950 in October 2024, up 5.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $180K$234.8K
+30.4%
3 $325K$355K
+9.2%
4 $405K$365K
-9.9%
5+ $440K$562.5K
+27.8%

Summary: Leesport 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 30.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 27.8%.

Median Sold Price Compared To Nearby Cities

Ontelaunee Township
+6.8%
Leesport
+5.9%
Bern Township
+5.3%

Housing Supply in Leesport, PA

How many homes are available in Leesport, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
36360.0%

Summary: The Leesport real estate market had 36 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2624
-7.7%
4 56
+20.0%
5+ 23
+50.0%

Summary: The Leesport 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 7.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leesport, expect to pay close to the asking price. 58.3% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Leesport in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 0% were sold under asking, 58% were sold at asking, and 42% were sold over asking.

Days on Market for Leesport, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days17 Days+32.2%

Summary: Homes in Leesport had an average of 17 days on market in Oct 2024, up by 32.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Leesport; 83% of homes were sold within 30 days, 17% 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 16 Days Ago

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