Is Lawndale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Lawndale was a Seller's Market.
Housing Prices in Lawndale, PA
How much do homes in Lawndale, PA cost?
Median Sold Price
$250,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lawndale was $250,000 in May 2024, down 2% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $195K | $252.5K | +29.5% |
3 Bedrooms | $249.9K | $239K | -4.4% |
4 Bedrooms | $275K | $315K | +14.5% |
5+ Bedrooms | $282.5K | $242.5K | -14.2% |
Summary: Lawndale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.5%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 14.2%.
Median Sold Price Compared To Nearby Neighborhoods
Burholme | $269.9K | $301K | +11.5% |
Fox Chase | $309.9K | $325.5K | +5.0% |
Oxford Circle | $224.9K | $230.2K | +2.4% |
Cheltenham | $360K | $360K | 0.0% |
Lawndale | $255K | $250K | -2.0% |
Housing Supply in Lawndale, PA
How many homes are available in Lawndale, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Summary: The Lawndale real estate market had 17 homes for sale in May 2024, a 21.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lawndale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lawndale in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lawndale, PA
How long does it take to sell a home in Lawndale, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
60 Days | 66 Days | +9.9% |
Summary: Homes in Lawndale had an average of 66 days on market in May 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Lawndale; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.