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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lenhartsville is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Lenhartsville, PA

How much do homes in Lenhartsville, PA cost?

Median Sold Price

$280,000

$267/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$27,500(-8.9%)

Key Takeaway

Homes in Lenhartsville have sold for 8.9% less than they did a month ago.

Summary: The median home sold price in Lenhartsville was $280,000 in November 2024, down 8.9% from last month, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $285K-
N/A
3 $330K$280K
-15.2%
4 -$1.6M
N/A
5+ --
N/A

Summary: Lenhartsville housing prices by bedroom type for November 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 decreased by 15.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lenhartsville, PA

How many homes are available in Lenhartsville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
96-33.3%

Summary: The Lenhartsville real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 72
-71.4%
4 13
+200.0%
5+ 00
0.0%

Summary: The Lenhartsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 71.4%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lenhartsville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lenhartsville in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lenhartsville, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days34 Days+144.7%

Summary: Homes in Lenhartsville had an average of 34 days on market in Nov 2024, up by 144.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Lenhartsville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Lenhartsville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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