$3,384 Closing Credit*
$285,000
1,400 SqFt
3 Beds
•3 Full Baths
Andrea McIntosh, Listing Office: Berkshire Hathaway The Preferred Realty
Is Leechburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Leechburg was a Neutral Market.
Key Takeaway
Leechburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leechburg, PA
How much do homes in Leechburg, PA cost?
Median Sold Price
$159,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$9,000(+6.0%)
Key Takeaway
Homes in Leechburg have sold for 6% more than they did a year ago.
Summary: The median home sold price in Leechburg was $159,000 in September 2024, up 6% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $51.5K | $149K | +189.3% |
| 2 Bedrooms | $115.5K | $81.5K | -29.4% |
| 3 Bedrooms | $155K | $168.2K | +8.5% |
| 4 Bedrooms | $158.9K | $283K | +78.0% |
| 5+ Bedrooms | $210K | $248.5K | +18.3% |
Summary: Leechburg housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 189.3%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 78%, and 5+ bedroom homes increased by 18.3%.
Median Sold Price Compared To Nearby Cities
| Leechburg | $150K | $159K | +6.0% |
| Leechburg | $150K | $157K | +4.7% |
Housing Supply in Leechburg, PA
How many homes are available in Leechburg, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 40 | 47 | +17.5% |
Summary: The Leechburg real estate market had 47 homes for sale in September 2024, a 17.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Leechburg housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 12 | +300.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Leechburg, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Leechburg in September 2024, up by 300.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 17 Days | 60 Days | +238.0% |
Summary: Homes in Leechburg had an average of 60 days on market in Sep 2024, up by 238% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Leechburg has remained consistent over time.
Summary: During September 2024, 12 homes were sold in Leechburg; 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.
