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Saturday, December 28, 2024

Lackawanna home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Lackawanna rose by $19,950 while total sales decreased by 28%, according to BlockShopper.com.

From July through December of 2017, there were 90 homes sold, with a median sale price of $99,950 - a 24.9% increase over the $80,000 median sale price for the same period of the previous year. There were 125 homes sold in Lackawanna in the second half of 2016.

The following table compares Lackawanna to other Erie County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Cheektowaga660768-14.1%$115,000$103,00011.7%
Evans66618.2%$109,500$100,0009.5%
North Collins2611136.4%$108,000$90,00020%
Chaffee1213-7.7%$107,186.49$141,750-24.4%
Angola201625%$102,500$85,00020.6%
Lackawanna90125-28%$99,950$80,00024.9%
Lake Erie Beach40392.6%$96,500$104,994-8.1%
Collins1014-28.6%$84,850$128,000-33.7%
Sloan474211.9%$82,000$72,55013%
East Concord31200%$79,000$203,000-61.1%
Brant511-54.5%$65,100$180,000-63.8%

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