Is Lewisburg, 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, Lewisburg was a Buyer's Market.
Key Takeaway
Lewisburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lewisburg, PA
How much do homes in Lewisburg, PA cost?
Median Sold Price
$327,450
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Lewisburg have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Lewisburg was $327,450 in March 2024, up 9.4% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $302.5K | +75.4% |
| 2 Bedrooms | $192.5K | $240K | +24.7% |
| 3 Bedrooms | $269.9K | $290.5K | +7.6% |
| 4 Bedrooms | $400K | $391K | -2.3% |
| 5+ Bedrooms | $410K | $544K | +32.7% |
Summary: Lewisburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.4%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Cities
| Lewisburg | $299.3K | $327.4K | +9.4% |
| East Buffalo Township | $372.5K | $377.4K | +1.3% |
| Kelly Township | $290K | $270.5K | -6.7% |
Housing Supply in Lewisburg, PA
How many homes are available in Lewisburg, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 64 | +36.2% |
Summary: The Lewisburg real estate market had 64 homes for sale in March 2024, a 36.2% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 17 | 24 | +41.2% |
| 4 Bedrooms | 13 | 20 | +53.8% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Lewisburg 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 increased by 41.2%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 12 | +500.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lewisburg, 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 Lewisburg in March 2024, up by 500.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 0% were sold at asking, and 42% were sold over asking.
Days on Market for Lewisburg, PA
How long does it take to sell a home in Lewisburg, PA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lewisburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Lewisburg; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
