Is East Liberty, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Liberty is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, East Liberty has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Liberty, PA

How much do homes in East Liberty, PA cost?

Median Sold Price

$407,500

$172/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$40,000(-8.9%)

Key Takeaway

Homes in East Liberty have sold for 8.9% less than they did a month ago.

Summary: The median home sold price in East Liberty was $407,500 in April 2024, down 8.9% from last month, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $447.5K$492.5K
+10.1%
4 -$470K
N/A
5+ -$247.5K
N/A

Summary: East Liberty housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in East Liberty, PA

How many homes are available in East Liberty, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1520+33.3%

Summary: The East Liberty real estate market had 20 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 79
+28.6%
4 11
0.0%
5+ 710
+42.9%

Summary: The East Liberty housing inventory by bedroom type for April 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 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Liberty, 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 East Liberty in April 2024, up by 33.3% 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 East Liberty, PA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
87 Days75 Days-14.4%

Summary: Homes in East Liberty had an average of 75 days on market in Apr 2024, down by 14.4% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East Liberty has remained consistent over time.

Summary: During April 2024, 4 homes were sold in East Liberty; 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.

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

Report Updated 18 Days Ago

Newest Listings in East Liberty, PA

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