Is Lemont Furnace, PA 15456 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lemont Furnace is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$119▲ +24.7% vs. last year

The Lemont Furnace housing market right now

In the three months ending August 31, 2026, 50% of homes in Lemont Furnace, PA 15456 sold above their list price, the typical home went under contract in 42 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold more slowly (36 days then) and the median sale price rose 19% to $169,876. Overall, Lemont Furnace is about as competitive as it was a year ago.

Within Fayette County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 90%.

Nearby, buyers who want less competition could look at Everson 15631 (0% sold over asking) or Vanderbilt 15486 (0% sold over asking), while Hiller 15444 (100% sold over asking) is even more competitive.

Nearby markets

Adah 15410Buyer’s market $32 /sq ftAllison 15413Seller’s market — /sq ftCardale 15420 — /sq ftChalk Hill 15421Seller’s market $234 /sq ft Browse all markets →

Where Lemont Furnace is

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Questions about Lemont Furnace real estate

Is Lemont Furnace a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Lemont Furnace, PA 15456 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lemont Furnace?

The typical home went under contract in 42 days in the latest three months.

Do homes in Lemont Furnace sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Lemont Furnace?

About 1.12% of a home’s value a year in Fayette County, or roughly $4,480 on a $400,000 home.

What is the median home price in Lemont Furnace?

The median sale price was $169,876 in the three months ending August 31, 2026, about $119 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology