Is Lansford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lansford was a Seller's Market.
Key Takeaway
Lansford 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 Lansford, PA
How much do homes in Lansford, PA cost?
Median Sold Price
$89,000
$56/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Lansford have sold for 27.3% more than they did a month ago.
Summary: The median home sold price in Lansford was $89,000 in March 2024, up 27.3% from last month, and the median price per square foot was $56.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $49.9K | - | N/A |
| 3 Bedrooms | $69.9K | $85.5K | +22.3% |
| 4 Bedrooms | $110K | $101K | -8.2% |
| 5+ Bedrooms | - | $103K | N/A |
Summary: Lansford housing prices by bedroom type for March 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 22.3%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes did not change.
Housing Supply in Lansford, PA
How many homes are available in Lansford, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 45 | -11.8% |
Summary: The Lansford real estate market had 45 homes for sale in March 2024, a 11.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Lansford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lansford, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Lansford in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for Lansford, PA
How long does it take to sell a home in Lansford, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 18 Days | -52.8% |
Summary: Homes in Lansford had an average of 18 days on market in Mar 2024, down by 52.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lansford are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Lansford; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
