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Featured local agent — Luzerne, PA
Sarah Mitchell
Compass Real Estate · Luzerne, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Luzerne, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$219,000median sale price
How is the Luzerne, PA housing market right now?
The median home sale price in Luzerne, PA is $219,000, up 30.4% year-over-year. Homes sell in an average of 5 days with 3 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Luzerne a buyer's or seller's market?
Luzerne, PA is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
5
Fast-moving
Active listings
3
1.0 months supply
Sale-to-list
97.8%
Below asking
What does the Luzerne housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $219,000 |
| Median list price | $129,950 |
| Year-over-year price change | +30.4% |
| Average days on market | 5 days |
| Active inventory | 3 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $141/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Listings with a price cut | 33.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Luzerne by property type?
How the Luzerne, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $176,000 | $141/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Luzerne housing market is currently classified as a strong seller's market with a median sale price of $219,000. Prices have risen 30.4% compared to last year, with homes spending an average of 5 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Luzerne
There are currently 3 homes listed for sale in Luzerne, Pennsylvania. The median listing price is $130K.
Active listings
3
Homes on market
Median list price
$130K
Avg. days on market
5
Days until sale
New this week
2
Newly listed
Who lives in Luzerne?
Population
2,720
Median income
$39,257/yr
Median age
50.1 years
Owner-occupied
59.5%
College grads
14.8%
Avg commute
18.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Luzerne?
Zillow home value
$185,859
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Luzerne?
Luzerne is a community of approximately 3K residents with a median age of 50.1 years.The median household income is $39,257, which represents a working-class community with solid middle-income opportunities. 14.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.5%, showing a blend of owner and renter-occupied properties. The average commute time is 18.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Luzerne offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Luzerne, PA?
Want a head-to-head view? Compare Luzerne side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Luzerne?
The median home sale price in Luzerne is $219,000, up 30.4% from last year.
How long do homes stay on market in Luzerne?
Homes typically spend 5 days on market before going under contract.
What is the median income in Luzerne?
The median household income is $39,257 per year.
Is Luzerne a buyer's or seller's market?
With 1.0 months of supply, Luzerne is currently a strong seller's market.
What is the Zillow home value estimate for Luzerne?
The Zillow Home Value Index (ZHVI) for Luzerne is $185,859, representing the typical home value in the area.
How much does a single-family home cost in Luzerne?
The median single-family home price in Luzerne, PA is $176,000 (about $141 per square foot).
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