Is 18015, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 18015 has remained a Seller's Market.
Key Takeaway
18015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18015, PA
How much do homes in 18015, PA cost?
Median Sold Price
$260,666
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 18015 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 18015 was $260,666 in March 2024, up 10.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195.5K | $199.9K | +2.3% |
| 2 Bedrooms | $175K | $190K | +8.6% |
| 3 Bedrooms | $220K | $265K | +20.5% |
| 4 Bedrooms | $262K | $310K | +18.3% |
| 5+ Bedrooms | $465.2K | $420K | -9.7% |
Summary: 18015 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 18015, PA
How many homes are available in 18015, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 95 | 93 | -2.1% |
Summary: The 18015 real estate market had 93 homes for sale in March 2024, a 2.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 43 | 43 | 0.0% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The 18015 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 33 | +94.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18015, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 18015 in March 2024, up by 94.1% month-over-month. Of the 33 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for 18015, PA
How long does it take to sell a home in 18015, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 20 Days | 41 Days | +107.3% |
Summary: Homes in 18015 had an average of 41 days on market in Mar 2024, up by 107.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18015 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 33 homes were sold in 18015; 64% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
