Is Lake Harmony, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lake Harmony has remained a Buyer's Market.
Housing Prices in Lake Harmony, PA
How much do homes in Lake Harmony, PA cost?
Median Sold Price
$450,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Harmony was $450,000 in April 2024, up 3% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $224.5K | N/A |
2 Bedrooms | $349K | $348.4K | -0.2% |
3 Bedrooms | $400K | $427.5K | +6.9% |
4 Bedrooms | $575K | $508.5K | -11.6% |
5+ Bedrooms | $615K | $651K | +5.9% |
Summary: Lake Harmony housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
Lake Harmony | $436.8K | $450K | +3.0% |
Albrightsville | $298K | $299.9K | +0.6% |
Kidder Township | $397K | $391.9K | -1.3% |
Tobyhanna Township | $277.2K | $252.5K | -8.9% |
Housing Supply in Lake Harmony, PA
How many homes are available in Lake Harmony, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 43 | -4.4% |
Summary: The Lake Harmony real estate market had 43 homes for sale in April 2024, a 4.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Lake Harmony housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lake Harmony in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Lake Harmony, PA
How long does it take to sell a home in Lake Harmony, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 6 Days | -33.3% |
Summary: Homes in Lake Harmony had an average of 6 days on market in Apr 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Lake Harmony; 100% 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.