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 November 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

$349,700

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$43,594(+14.2%)

Key Takeaway

Homes in Lewisburg have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Lewisburg was $349,700 in November 2024, up 14.2% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $302.5K-
N/A
2 $235.5K$268.7K
+14.1%
3 $286.2K$289.4K
+1.1%
4 $350K$397K
+13.4%
5+ $544K$750K
+37.9%

Summary: Lewisburg housing prices by bedroom type for November 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 increased by 1.1%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 37.9%.

Median Sold Price Compared To Nearby Cities

East Buffalo Township
+20.3%
Lewisburg
+14.2%
West Chillisquaque Township
+6.5%

Housing Supply in Lewisburg, PA

How many homes are available in Lewisburg, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5645-19.6%

Summary: The Lewisburg real estate market had 45 homes for sale in November 2024, a 19.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1917
-10.5%
4 2820
-28.6%
5+ 87
-12.5%

Summary: The Lewisburg housing inventory by bedroom type for November 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 10.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Lewisburg in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Lewisburg, PA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 2 Days Ago

Newest Listings in Lewisburg, PA

Nearby Markets to Lewisburg, PA

What housing markets are near Lewisburg, PA?