Luzerne, PA

Buyer's market+33.6% YoY

Housing market overview · Updated weekly

$147,000median sale price

Homes sold

1

Last 12 weeks

Days on market

63

Average pace

Active listings

4

4.0 months supply

Sale-to-list

91.9%

Below asking

The Luzerne housing market is currently classified as a buyer's market with a median sale price of $147,000. Prices have risen 33.6% compared to last year, with homes spending an average of 63 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Luzerne

There are currently 4 homes listed for sale in Luzerne, Pennsylvania. The median listing price is $330K.

Active listings

4

Homes on market

Median list price

$330K

Avg. days on market

63

Days until sale

New this week

2

Newly listed

Price drops:25.0%of listings
Sale-to-list:91.9%

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Frequently asked questions

What is the average home price in Luzerne?

The median home sale price in Luzerne is $147,000, up 33.6% from last year.

How long do homes stay on market in Luzerne?

Homes typically spend 63 days on market before going under contract.

Is Luzerne a buyer's or seller's market?

With 4.0 months of supply, Luzerne is currently a buyer's market.

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