Is Glen Lyon, PA 18617 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Glen Lyon is a seller’s market. With about 1.6 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$98▲ +69.2% vs. last year

The Glen Lyon housing market right now

In the three months ending August 31, 2026, 40% of homes in Glen Lyon, PA 18617 sold above their list price, the typical home went under contract in 54 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold faster (61 days then) and the median sale price rose 79% to $210,909. Overall, Glen Lyon is more competitive than a year ago, so tougher for buyers.

Within Luzerne County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell more often over asking than in 71%.

Nearby, buyers who want less competition could look at Bear Creek 18602 (0% sold over asking) or Weston 18256 (0% sold over asking), while Shickshinny 18655 (75% sold over asking) and Pittston 18641 (55% sold over asking) are even more competitive.

Nearby markets

Bear Creek 18602Buyer’s market $251 /sq ftConyngham 18219 — /sq ftDallas 18612Seller’s market $178 /sq ftDrifton 18221 $108 /sq ft Browse all markets →

Where Glen Lyon is

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Questions about Glen Lyon real estate

Is Glen Lyon a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Glen Lyon, PA 18617 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 Glen Lyon?

The typical home went under contract in 54 days in the latest three months.

Do homes in Glen Lyon sell over asking?

40% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Glen Lyon?

About 1.45% of a home’s value a year in Luzerne County, or roughly $5,800 on a $400,000 home.

What is the median home price in Glen Lyon?

The median sale price was $210,909 in the three months ending August 31, 2026, about $98 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