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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ligonier is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Ligonier 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 Ligonier, PA

How much do homes in Ligonier, PA cost?

Median Sold Price

$300,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,000(+18.6%)

Key Takeaway

Homes in Ligonier have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in Ligonier was $300,000 in November 2024, up 18.6% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $36K$113.5K
+215.3%
2 $233.5K$207.7K
-11.0%
3 $247K$280K
+13.4%
4 $352.5K$350K
-0.7%
5+ $825K$440K
-46.7%

Summary: Ligonier housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 215.3%, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 46.7%.

Median Sold Price Compared To Nearby Cities

Ligonier Township
+20.0%
Ligonier
+18.6%

Housing Supply in Ligonier, PA

How many homes are available in Ligonier, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4334-20.9%

Summary: The Ligonier real estate market had 34 homes for sale in November 2024, a 20.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2316
-30.4%
4 87
-12.5%
5+ 54
-20.0%

Summary: The Ligonier 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 30.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
145-64.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Ligonier in November 2024, down by 64.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
52 Days26 Days-49.0%

Summary: Homes in Ligonier had an average of 26 days on market in Nov 2024, down by 49% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 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 November 2024, 5 homes were sold in Ligonier; 60% of homes were sold within 30 days, 40% 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

Newest Listings in Ligonier, PA

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