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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewisburg is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Lewisburg was a Seller's Market.

Key Takeaway

Lewisburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lewisburg, PA

How much do homes in Lewisburg, PA cost?

Median Sold Price

$349,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$34,000(+10.8%)

Key Takeaway

Homes in Lewisburg have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Lewisburg was $349,000 in December 2024, up 10.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $302.5K-
N/A
2 $235.5K$268.7K
+14.1%
3 $289.9K$280K
-3.4%
4 $385.4K$398.5K
+3.4%
5+ $540K$750K
+38.9%

Summary: Lewisburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 38.9%.

Median Sold Price Compared To Nearby Cities

Buffalo Township
+38.8%
Lewisburg
+10.8%
East Buffalo Township
+9.5%
West Chillisquaque Township
+5.4%

Housing Supply in Lewisburg, PA

How many homes are available in Lewisburg, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4739-17.0%

Summary: The Lewisburg real estate market had 39 homes for sale in December 2024, a 17.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1914
-26.3%
4 2118
-14.3%
5+ 65
-16.7%

Summary: The Lewisburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewisburg, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Lewisburg in December 2024, down by 14.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Lewisburg, PA

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

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 6 homes were sold in Lewisburg; 17% 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.

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

Report Updated 4 Days Ago

Newest Listings in Lewisburg, PA

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