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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laureldale is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, Laureldale has remained a Seller's Market.

Key Takeaway

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

How much do homes in Laureldale, PA cost?

Median Sold Price

$190,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$15,000(+8.6%)

Key Takeaway

Homes in Laureldale have sold for 8.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 -$94.9K
N/A
2 $151.7K$179K
+18.0%
3 $166K$188.7K
+13.7%
4 $210K$225K
+7.1%
5+ $250K$195K
-22.0%

Median Sold Price Compared To Nearby Cities

Temple
+9.5%
Muhlenberg Township
+9.5%
Laureldale
+8.6%

How many homes are available in Laureldale, PA?

Number of Homes For Sale

Jan 2023Feb 2023%
1312-7.7%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 31
-66.7%
3 65
-16.7%
4 24
+100.0%
5+ 22
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laureldale, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Average Sale Time

Feb 2022Feb 2023%
12 Days4 Days-63.9%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Laureldale are selling fast, if you're buying plan to act quickly.

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

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3215 Raymond St, Laureldale, PA 19605

Backup Offers

$185,000

2

1

1,008 SqFt

3215 Raymond St, Laureldale PA, 19605

Peter B Gustis

Listing Office:

Springer Realty Group

#PABK2027622

MLS logo
805 Elizabeth Ave, Reading, PA 19605

$375,000

4

2 Full, 1 Partial

2,058 SqFt

805 Elizabeth Ave, Reading PA, 19605

Scott L Walley

Listing Office:

RE/MAX Of Reading

#PABK2026728

MLS logo
833 Elm St, Laureldale, PA 19605

$347,500

3

2

2,648 SqFt

833 Elm St, Laureldale PA, 19605

Ronald A Samsel

Listing Office:

United Real Estate Strive 212

#PABK2026432

MLS logo
3323 Ridgeway St, Reading, PA 19605

$140,000

3

1

1,113 SqFt

3323 Ridgeway St, Reading PA, 19605

Brad Wolf

Listing Office:

Berkshire Hathaway HomeServices Homesale Realty

#PABK2024992

MLS logo

About Laureldale, PA

Laureldale, PA has 12 homes for sale to choose from. The inventory of homes for sale in Laureldale, PA between January 2023 and February 2023 decreased by 7.7%. In February 2023, listings were on the market for 4 days. During the same period, the median list price in this real estate market was $190,000. Listing prices have changed in this real estate market between January 2023 and February 2023: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 18%, 3 bedrooms properties became 13.7% more expensive, the cost of 4 bedrooms properties went up by 7.1%, 5 bedrooms properties became 22% more cheaper. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes decreased by 66.7%, volume of 3 bedrooms homes went down by 16.7%, 4 bedrooms homes became 100% more available, number of 5 bedrooms homes remained the same. While more than 1 listings in Laureldale, PA in February 2023 were sold above asking price, there were more than 3 listings sold at asking price, and more than 1 were sold below.

MLS Disclaimers and Copyright

Based on information from BrightMLS for the period 03/01/2021 - 03/01/2023

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2023 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/30/2023, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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