$1,721 Closing Credit*
$144,900
870 SqFt
2 Beds
•1 Full Bath
Bruce Roby, Listing Office: Re/Max Professionals
Is Lemont Furnace, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lemont Furnace has remained a Seller's Market.
Key Takeaway
Lemont Furnace is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lemont Furnace, PA
How much do homes in Lemont Furnace, PA cost?
Median Sold Price
$178,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,500(+21.5%)
Key Takeaway
Homes in Lemont Furnace have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Lemont Furnace was $178,000 in October 2024, up 21.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.9K | - | N/A |
| 2 Bedrooms | $135K | $141K | +4.4% |
| 3 Bedrooms | $155K | $201.2K | +29.8% |
| 4 Bedrooms | $150.7K | $95K | -37.0% |
| 5+ Bedrooms | - | $235K | N/A |
Summary: Lemont Furnace 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 4.4%, 3 bedroom homes increased by 29.8%, 4 bedroom homes decreased by 37%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lemont Furnace | $146.5K | $178K | +21.5% |
| North Union Township | $150.7K | $156K | +3.5% |
| Dunbar Township | $185K | $158.3K | -14.4% |
Housing Supply in Lemont Furnace, PA
How many homes are available in Lemont Furnace, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The Lemont Furnace real estate market had 3 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lemont Furnace 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lemont Furnace, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lemont Furnace in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lemont Furnace, PA
How long does it take to sell a home in Lemont Furnace, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 11 Days | -50.0% |
Summary: Homes in Lemont Furnace had an average of 11 days on market in Oct 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lemont Furnace are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Lemont Furnace; 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.
