$7,719 Closing Credit*
$650,000
1,637 SqFt
3 Beds
•2 Full Baths, 1 Partial
Rachel French, Listing Office: Compass Pennsylvania, Llc
Is Upper Lawrenceville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Upper Lawrenceville has remained a Buyer'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
$273,000
$238/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$152,700(-35.9%)
Key Takeaway
Homes in Upper Lawrenceville have sold for 35.9% less than they did a month ago.
Summary: The median home sold price in Upper Lawrenceville was $273,000 in October 2024, down 35.9% from last month, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $225K | -28.6% |
| 3 Bedrooms | $684.5K | $273K | -60.1% |
| 4 Bedrooms | $297.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Upper Lawrenceville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 60.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Upper Lawrenceville, PA
How many homes are available in Upper Lawrenceville, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 47 | +2.2% |
Summary: The Upper Lawrenceville real estate market had 47 homes for sale in October 2024, a 2.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 21 | 25 | +19.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Upper Lawrenceville 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 increased by 19%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 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. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Upper Lawrenceville in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 30 Days | +20.8% |
Summary: Homes in Upper Lawrenceville had an average of 30 days on market in Oct 2024, up by 20.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Upper Lawrenceville has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Upper Lawrenceville; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
