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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ligonier is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ligonier has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ligonier, PA

How much do homes in Ligonier, PA cost?

Median Sold Price

$308,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$58,000(+23.2%)

Key Takeaway

Homes in Ligonier have sold for 23.2% more than they did a year ago.

Summary: The median home sold price in Ligonier was $308,000 in October 2024, up 23.2% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $36K$113.5K
+215.3%
2 $230K$198.7K
-13.6%
3 $245K$280K
+14.3%
4 $400K$350K
-12.5%
5+ $675K$685K
+1.5%

Summary: Ligonier housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 215.3%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Cities

Ligonier Township
+25.6%
Ligonier
+23.2%

Housing Supply in Ligonier, PA

How many homes are available in Ligonier, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5148-5.9%

Summary: The Ligonier real estate market had 48 homes for sale in October 2024, a 5.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 2725
-7.4%
4 1210
-16.7%
5+ 45
+25.0%

Summary: The Ligonier 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 remained the same, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ligonier, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Ligonier in October 2024, up by 40.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.

Days on Market for Ligonier, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days71 Days+23.3%

Summary: Homes in Ligonier had an average of 71 days on market in Oct 2024, up by 23.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Ligonier; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% 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 16 Days Ago

Newest Listings in Ligonier, PA

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