Is Lewisburg, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewisburg is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Lewisburg was a Seller's Market.

Key Takeaway

Lewisburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lewisburg, PA

How much do homes in Lewisburg, PA cost?

Median Sold Price

$329,900

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,075(+10.0%)

Key Takeaway

Homes in Lewisburg have sold for 10% more than they did a year ago.

Summary: The median home sold price in Lewisburg was $329,900 in April 2024, up 10% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$302.5K
N/A
2 $234K$276K
+17.9%
3 $270K$289.9K
+7.4%
4 $400K$391K
-2.3%
5+ $410K$594K
+44.9%

Summary: Lewisburg 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 increased by 17.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 44.9%.

Median Sold Price Compared To Nearby Cities

Lewisburg
+10.0%
East Buffalo Township
-3.8%

Housing Supply in Lewisburg, PA

How many homes are available in Lewisburg, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
56560.0%

Summary: The Lewisburg real estate market had 56 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2123
+9.5%
4 2119
-9.5%
5+ 1312
-7.7%

Summary: The Lewisburg 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 increased by 100%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewisburg, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Lewisburg in April 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lewisburg are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Lewisburg; 14% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Lewisburg, PA

Nearby Markets to Lewisburg, PA

What housing markets are near Lewisburg, PA?