$4,417 Closing Credit*
$371,999
1,375 SqFt
3 Beds
•1 Full Bath
Lavern Allen Stoltzfus, Listing Office: Manor West Realty
Is Leola, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Leola was a Buyer's Market.
Key Takeaway
Leola is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leola, PA
How much do homes in Leola, PA cost?
Median Sold Price
$375,000
$212/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$65,000(+21.0%)
Key Takeaway
Homes in Leola have sold for 21% more than they did a month ago.
Summary: The median home sold price in Leola was $375,000 in October 2024, up 21% from last month, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $307.9K | N/A |
| 3 Bedrooms | $305K | $392.5K | +28.7% |
| 4 Bedrooms | $315K | $487.5K | +54.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Leola 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 increased by 28.7%, 4 bedroom homes increased by 54.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Leola | $310K | $375K | +21.0% |
| Upper Leacock Township | $305K | $365K | +19.7% |
| Bird In Hand | $408K | $355K | -13.0% |
Housing Supply in Leola, PA
How many homes are available in Leola, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Leola real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to 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 | 9 | 10 | +11.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Leola 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 increased by 11.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leola, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Leola in October 2024, up by 250.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 43% were sold at asking, and 57% were sold over asking.
Days on Market for Leola, PA
How long does it take to sell a home in Leola, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 12 Days | +20.0% |
Summary: Homes in Leola had an average of 12 days on market in Oct 2024, up by 20% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leola are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Leola; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.