$2,552 Closing Credit*
$214,900
986 SqFt
2 Beds
•1 Full Bath
SUNSERI/BELICE GROUP, Listing Office: Howard Hanna Real Estate Services
Is Mount Lebanon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Mount Lebanon Township has remained a Seller's Market.
Key Takeaway
Mount Lebanon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Lebanon Township, PA
How much do homes in Mount Lebanon Township, PA cost?
Median Sold Price
$380,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$1,000(+0.3%)
Key Takeaway
The sold price of homes in Mount Lebanon Township has remained the same since last year.
Summary: The median home sold price in Mount Lebanon Township was $380,000 in September 2024, up 0.3% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119K | $129.9K | +9.2% |
| 2 Bedrooms | $235.5K | $260K | +10.4% |
| 3 Bedrooms | $325K | $355K | +9.2% |
| 4 Bedrooms | $500K | $530K | +6.0% |
| 5+ Bedrooms | $696.5K | $625K | -10.3% |
Summary: Mount Lebanon Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Baldwin Township | $183.7K | $220K | +19.7% |
| Dormont | $246.2K | $293.7K | +19.3% |
| Scott Township | $231K | $249.9K | +8.2% |
| Castle Shannon | $194K | $205K | +5.7% |
| Mount Lebanon Township | $379K | $380K | 0.3% |
Housing Supply in Mount Lebanon Township, PA
How many homes are available in Mount Lebanon Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 96 | 96 | 0.0% |
Summary: The Mount Lebanon Township real estate market had 96 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 42 | 44 | +4.8% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Mount Lebanon Township 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 remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Lebanon Township, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Mount Lebanon Township in September 2024, up by 8.3% month-over-month. Of the 26 sold homes, 35% were sold under asking, 19% were sold at asking, and 46% were sold over asking.
Days on Market for Mount Lebanon Township, PA
How long does it take to sell a home in Mount Lebanon Township, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 20 Days | +3.1% |
Summary: Homes in Mount Lebanon Township had an average of 20 days on market in Sep 2024, up by 3.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Lebanon Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 26 homes were sold in Mount Lebanon Township; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
