Is Linesville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linesville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Linesville has remained a Seller's Market.

Key Takeaway

Linesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Linesville, PA

How much do homes in Linesville, PA cost?

Median Sold Price

$185,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$93,550(+102.3%)

Key Takeaway

Homes in Linesville have sold for 102.3% more than they did a year ago.

Summary: The median home sold price in Linesville was $185,000 in May 2024, up 102.3% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $100K-
N/A
2 $75.5K$148.5K
+96.7%
3 $91.4K$160.4K
+75.5%
4 $185.3K$330K
+78.0%
5+ --
N/A

Summary: Linesville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 96.7%, 3 bedroom homes increased by 75.5%, 4 bedroom homes increased by 78%, and 5+ bedroom homes did not change.

Housing Supply in Linesville, PA

How many homes are available in Linesville, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
69+50.0%

Summary: The Linesville real estate market had 9 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 23
+50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Linesville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linesville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Linesville in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Linesville, PA

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

Average Sale Time

May 2023May 2024CHANGE
1 Day12 Days+1166.7%

Summary: Homes in Linesville had an average of 12 days on market in May 2024, up by 1166.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Linesville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Linesville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Linesville, PA

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