Luzerne Township Housing Market Report February 2025Fayette County, Pennsylvania

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Housing Prices in Luzerne Township, PA

How much do homes in Luzerne Township, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$139,900$95/SqFt
+$27,450
+24.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Luzerne Township has increased by 24.4% since last year.

Summary: The median home list price in Luzerne Township was $139,900 in February 2025, up 24.4% from the previous year, and the median price per square foot was $95.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Luzerne Township
+24.4%
Allison
+13.4%
Redstone Township
+4.4%
Republic
-40.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$74.7K$139.9K
+87.3%
3$99.9K$154.4K
+54.6%
4$189.9K$127.4K
-32.9%
5-$190K
N/A

Summary: Luzerne Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +87.3%. The home price for 3 bedroom homes increased by +54.6%. The home price for 4 bedroom homes decreased by -32.9%. The home price for 5 bedroom homes did not change.

Housing supply in Luzerne Township, PA

How many homes are available in Luzerne Township, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
15Last MonthFeb 2025
152 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Luzerne Township real estate market had 15 homes for sale in Feb 2025, the same as Jan 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
243
-25.0%
367
+16.7%
455
0.0%
500
0.0%

Summary: Luzerne Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes increased by +16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Luzerne Township, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Luzerne Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Luzerne Township in February 2025, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for Luzerne Township, PA

How long does it take to sell a home in Luzerne Township, PA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Luzerne Township has remained consistent over time.

Summary: During February 2025, 6 homes were sold in Luzerne Township; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
110 DaysThis YearFeb 2025
124 Days1 year agoFeb 2024
-11.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Luzerne Township had an average listing age of 110 days in Feb 2025, down by 11.7% compared to the previous year.

Newest Listings in Luzerne Township, PA

What homes are available in Luzerne Township, PA?

MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., and Greater Scranton MLS for the period 03/01/2023 - 03/01/2025

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. 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: 3/3/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses. IDX Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 5:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.