$9,499 Closing Credit*
$799,900
2,440 SqFt
3 Beds
•3 Full Baths, 1 Partial
Austin Kyle Rusert | The Rusert Group, Listing Office: Coldwell Banker Realty
Is Upper Lawrenceville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Upper Lawrenceville was a Seller's Market.
Key Takeaway
Upper Lawrenceville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper Lawrenceville, PA
How much do homes in Upper Lawrenceville, PA cost?
Median Sold Price
$315,500
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,500(+9.2%)
Key Takeaway
Homes in Upper Lawrenceville have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Upper Lawrenceville was $315,500 in November 2024, up 9.2% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $266K | - | N/A |
| 2 Bedrooms | $250K | $280K | +12.0% |
| 3 Bedrooms | $406.9K | $361.1K | -11.3% |
| 4 Bedrooms | $439K | $465K | +5.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Upper Lawrenceville 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 12%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Central Lawrenceville | $375K | $450K | +20.0% |
| Stanton Heights | $258.7K | $306.9K | +18.6% |
| Upper Lawrenceville | $289K | $315.5K | +9.2% |
| Lawrenceville | $367.4K | $393K | +7.0% |
Housing Supply in Upper Lawrenceville, PA
How many homes are available in Upper Lawrenceville, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 47 | +11.9% |
Summary: The Upper Lawrenceville real estate market had 47 homes for sale in November 2024, a 11.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Upper Lawrenceville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Lawrenceville, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Upper Lawrenceville in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Upper Lawrenceville, PA
How long does it take to sell a home in Upper Lawrenceville, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 61 Days | +7.9% |
Summary: Homes in Upper Lawrenceville had an average of 61 days on market in Nov 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Upper Lawrenceville has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Upper Lawrenceville; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
