Is Leechburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Leechburg was a Seller's Market.
Housing Prices in Leechburg, PA
How much do homes in Leechburg, PA cost?
Median Sold Price
$155,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Leechburg was $155,000 in March 2024, up 11.8% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.7K | $93.5K | +28.6% |
2 Bedrooms | $115K | $111K | -3.5% |
3 Bedrooms | $145.9K | $158K | +8.3% |
4 Bedrooms | $174.2K | $196.4K | +12.7% |
5+ Bedrooms | - | $285K | N/A |
Summary: Leechburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Leechburg | $122.5K | $155K | +26.5% |
Leechburg | $138.7K | $155K | +11.8% |
West Leechburg | $164.5K | $159K | -3.3% |
Housing Supply in Leechburg, PA
How many homes are available in Leechburg, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 26 | -16.1% |
Summary: The Leechburg real estate market had 26 homes for sale in March 2024, a 16.1% 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 | 6 | 6 | 0.0% |
3 Bedrooms | 18 | 14 | -22.2% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Leechburg 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 3 | -70.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Leechburg in March 2024, down by 70.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Leechburg, PA
How long does it take to sell a home in Leechburg, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 76 Days | +19.6% |
Summary: Homes in Leechburg had an average of 76 days on market in Mar 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Leechburg; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.