Is Laureldale, 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, Laureldale has remained a Seller's Market.
Key Takeaway
Laureldale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laureldale, PA
How much do homes in Laureldale, PA cost?
Median Sold Price
$215,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Laureldale have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Laureldale was $215,000 in April 2024, up 13.2% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $120K | N/A |
| 2 Bedrooms | $186.5K | $185K | -0.8% |
| 3 Bedrooms | $186.2K | $215K | +15.4% |
| 4 Bedrooms | $220K | $245.2K | +11.5% |
| 5+ Bedrooms | $187.4K | $256.2K | +36.7% |
Summary: Laureldale 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 0.8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 36.7%.
Median Sold Price Compared To Nearby Cities
| Muhlenberg Township | $245K | $285K | +16.3% |
| Laureldale | $190K | $215K | +13.2% |
| Temple | $230K | $250K | +8.7% |
Housing Supply in Laureldale, PA
How many homes are available in Laureldale, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 6 | -62.5% |
Summary: The Laureldale real estate market had 6 homes for sale in April 2024, a 62.5% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 3 | -70.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Laureldale 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 50%, 3 bedroom homes decreased by 70%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Laureldale, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Laureldale in April 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Laureldale, PA
How long does it take to sell a home in Laureldale, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 4 Days | -28.2% |
Summary: Homes in Laureldale had an average of 4 days on market in Apr 2024, down by 28.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Laureldale are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Laureldale; 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.
