Is Lakeville, PA 18438 a buyer’s or seller’s market?

The Lakeville housing market right now

In the three months ending August 31, 2026, 13% of homes in Lakeville, PA 18438 sold above their list price, the typical home went under contract in 12 days and there were 4.8 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 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold faster (40 days then) and the median sale price rose 7% to $411,822. Overall, Lakeville is more competitive than a year ago, so tougher for buyers.

Within Wayne County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 60%.

Nearby, buyers who want less competition could look at Starrucca 18462 (0% sold over asking) or Starlight 18461 (0% sold over asking), while Pleasant Mount 18453 (43% sold over asking) and Honesdale 18431 (31% sold over asking) are even more competitive.