Why Live in Luzerne
Luzerne Borough, located in Luzerne County, offers a blend of historical charm and modern convenience. The neighborhood features homes built in the early 1900s, showcasing Cape Cod, Colonial Revival, and Foursquare architecture. Many properties include front porches and yard spaces averaging around 6,000 square feet. Luzerne is known for its tight-knit community and steady home values, with single-family homes typically priced between $120,000 and $200,000. The area is safer than the national average, providing a secure environment for residents. Educational options include Wyoming Valley West High School, which is highly rated and known for its active choir program.
For things to do, residents enjoy local parks such as Charles Street Park, Andrew Barilla Jr. Park, and Eugene A. Mullay Park, which offer facilities for basketball, softball, and tennis. The Back Mountain Trail provides a scenic route for outdoor activities, while Frances Slocum State Park, located 6 miles north, offers extensive trails and a popular lake for kayaking and fishing. Shopping needs are met by Gerrity’s Supermarket and House of Nutrition, with additional retail options available 5 miles south in Wilkes-Barre, including Best Buy, Target, and Wyoming Valley Mall. Dining options on Main Street include The Main Bean, Chuck's Main St. Diner, and Hops and Barleys.
Luzerne residents can participate in various events such as Wilkes-Barre’s holiday parades and the Cherry Blossom Festival, as well as the Pittston Tomato Festival and Scranton’s La Festa Italiana. The Luzerne County Transportation Authority provides bus services, and major highways like Interstate 81 and Pennsylvania State Route 309 facilitate commuting.
Frequently Asked Questions
What is the average home price in Luzerne, PA?
Homes for sale in Luzerne, PA have an average home price of $151,352.
Are home prices dropping in Luzerne?
Yes, home prices in Luzerne are down 12% in the last 12 months.
How many homes have sold over the last 12 months in Luzerne, PA?
21 homes have sold in Luzerne, PA over the last 12 months.
What are the most popular zip codes in Luzerne, PA?
How much do you need to make to afford a house in Luzerne?
The median home price in Luzerne is $140,000. If you put a 20% down payment of $28,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $730 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $31K a year to afford the median home price in Luzerne.
How are the schools in Luzerne, PA?
Home Trends in Luzerne, PA
On average, homes in Luzerne, PA sell after 23 days on the market compared to the national average of 50 days. The median sale price for homes in Luzerne, PA over the last 12 months is $140,000, down 12% from the median home sale price over the previous 12 months.
Median Sale Price
$140,000
Median Single Family Sale Price
$147,000
Median Townhouse Sale Price
$193,000
Average Price Per Sq Ft
$99
Number of Homes for Sale
2
Last 12 months Home Sales
21
Median List Price
$140,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-12%