Is 18013, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18013 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 18013 has remained a Seller's Market.

Key Takeaway

18013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18013, PA

How much do homes in 18013, PA cost?

Median Sold Price

$270,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,500(+0.9%)

Key Takeaway

Homes in 18013 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 18013 was $270,000 in March 2024, up 0.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $229K$199.7K
-12.8%
3 $260K$258.8K
-0.4%
4 $316K$369.9K
+17.1%
5+ $260K$427K
+64.2%

Summary: 18013 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.8%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 64.2%.

Median Sold Price Compared To Nearby Zip Codes

07823
+10.4%
18072
+7.3%
18013
+0.9%

Housing Supply in 18013, PA

How many homes are available in 18013, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4840-16.7%

Summary: The 18013 real estate market had 40 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2420
-16.7%
4 1714
-17.6%
5+ 33
0.0%

Summary: The 18013 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18013, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 18013 in March 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.

Days on Market for 18013, PA

How long does it take to sell a home in 18013, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days22 Days-58.9%

Summary: Homes in 18013 had an average of 22 days on market in Mar 2024, down by 58.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18013 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 11 homes were sold in 18013; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 18013, PA

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