#SC250230, Listing Office: The Hub Real Estate Group Scranton
Luzerne County Housing Market Report December 2024•Luzerne County, Pennsylvania
Housing Prices in Luzerne County, PA
How much do homes in Luzerne County, PA cost?
Housing Market Conditions
Is Luzerne County, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Luzerne County is a Seller's Market
Difference Since November 2024
Last month, Luzerne County has remained a Seller's Market.
Luzerne County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in December 2024
Homes in Luzerne County have sold for 8.8% more than they did a month ago.
Summary: The median home sold price in Luzerne County was $185,000 in December 2024, up 8.8% from last month, and the median price per square foot was $110.
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $63.5K | $157.3K | +147.7% |
33 Bedrooms | $170K | $225K | +32.4% |
44 Bedrooms | $359.7K | $167.8K | -53.3% |
55+ Bedrooms | $190K | $219.5K | +15.5% |
Summary: Luzerne County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +147.7%. The home price for 3 bedroom homes increased by +32.4%. The home price for 4 bedroom homes decreased by -53.3%. The home price for 5 bedroom homes increased by +15.5%.
Housing supply in Luzerne County, PA
How many homes are available in Luzerne County, PA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
191Last MonthDec 2024 | ||
1962 months agoNov 2024 | -2.6 % Change MoMNov – Dec |
Summary: The Luzerne County real estate market had 191 homes for sale in Dec 2024, a 2.6 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
44Last MonthDec 2024 | ||
372 months agoNov 2024 | +18.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 29 | 31 | +6.9% |
33 Bedrooms | 93 | 89 | -4.3% |
44 Bedrooms | 36 | 33 | -8.3% |
55+ Bedrooms | 38 | 38 | 0.0% |
Summary: Luzerne County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +6.9%. The inventory for 3 bedroom homes decreased by -4.3%. The inventory for 4 bedroom homes decreased by -8.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Luzerne County, PA cost?
Over Asking Price9 Homes
At Asking Price8 Homes
Under Asking Price26 Homes
If you're buying a home in Luzerne County, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Luzerne County in December 2024, up by 18.9% month-over-month. Of the 43 sold homes, 60% were sold under asking, 19% were sold at asking, and and 21% were sold over asking.
Days on Market for Luzerne County, PA
How long does it take to sell a home in Luzerne County, PA?
Breakdown of Home Sale Times
Under 30 Days20 Homes
30 – 90 Days10 Homes
Over 90 Days6 Homes
Many homes in Luzerne County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 44 homes were sold in Luzerne County; 45% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
43 DaysLast MonthDec 2024 | ||
52 Days1 month agoNov 2024 | -15.8 % Change MoMNov – Dec |
Summary: Homes in Luzerne County had an average listing age of 43 days in Dec 2024, down by 15.8% compared to the previous month.
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Newest Listings in Luzerne County, PA
What homes are available in Luzerne County, PA?
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MLS Disclaimers and Copyright
Based on information from Greater Scranton MLS, BrightMLS, Central Susquehanna Valley Board of Realtors MLS, Greater Lehigh Valley MLS, and Pike/Wayne Association of Realtors MLS for the period 11/01/2024 - 01/01/2025
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:16:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Central Susquehanna Valley Board of REALTORS - MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:16:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.