Is Ligonier, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Ligonier was a Seller's Market.
Key Takeaway
Ligonier is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ligonier, PA
How much do homes in Ligonier, PA cost?
Median Sold Price
$300,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ligonier have sold for 26.1% more than they did a year ago.
Summary: The median home sold price in Ligonier was $300,000 in April 2024, up 26.1% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $36K | - | N/A |
| 2 Bedrooms | $237K | $216K | -8.9% |
| 3 Bedrooms | $225K | $262K | +16.4% |
| 4 Bedrooms | $237.5K | $380K | +60.0% |
| 5+ Bedrooms | $565K | $628.5K | +11.2% |
Summary: Ligonier 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 8.9%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 11.2%.
Median Sold Price Compared To Nearby Cities
| Ligonier Township | $194K | $295K | +52.1% |
| Ligonier | $238K | $300K | +26.1% |
Housing Supply in Ligonier, PA
How many homes are available in Ligonier, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Summary: The Ligonier real estate market had 31 homes for sale in April 2024, a 3.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Ligonier 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 16.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 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 Ligonier, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Ligonier in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Ligonier, PA
How long does it take to sell a home in Ligonier, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 37 Days | +19.2% |
Summary: Homes in Ligonier had an average of 37 days on market in Apr 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ligonier are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Ligonier; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
