Is 18017, 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, 18017 has remained a Seller's Market.
Housing Prices in 18017, PA
How much do homes in 18017, PA cost?
Median Sold Price
$349,925
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18017 was $349,925 in March 2024, up 5.9% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98K | $150K | +53.1% |
2 Bedrooms | $247.5K | $265K | +7.1% |
3 Bedrooms | $295K | $323.5K | +9.6% |
4 Bedrooms | $415K | $450K | +8.4% |
5+ Bedrooms | $569.9K | $560K | -1.7% |
Summary: 18017 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.1%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 18017, PA
How many homes are available in 18017, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 74 | +1.4% |
Summary: The 18017 real estate market had 74 homes for sale in March 2024, a 1.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 34 | 33 | -2.9% |
4 Bedrooms | 20 | 16 | -20.0% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The 18017 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 increased by 27.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 18017 in March 2024, up by 14.3% month-over-month. Of the 24 sold homes, 25% were sold under asking, 21% were sold at asking, and 54% were sold over asking.
Days on Market for 18017, PA
How long does it take to sell a home in 18017, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
16 Days | 16 Days | -0.1% |
Summary: Homes in 18017 had an average of 16 days on market in Mar 2024, down by 0.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in 18017; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.