Is 18018, 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, 18018 has remained a Seller's Market.
Housing Prices in 18018, PA
How much do homes in 18018, PA cost?
Median Sold Price
$269,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18018 was $269,000 in March 2024, up 6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $287.7K | +98.4% |
2 Bedrooms | $221K | $228.5K | +3.4% |
3 Bedrooms | $253K | $266.5K | +5.3% |
4 Bedrooms | $260K | $270.1K | +3.9% |
5+ Bedrooms | $301.2K | $365K | +21.2% |
Summary: 18018 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98.4%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 21.2%.
Housing Supply in 18018, PA
How many homes are available in 18018, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
63 | 68 | +7.9% |
Summary: The 18018 real estate market had 68 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 34 | 37 | +8.8% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 18018 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 28 | +180.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 18018 in March 2024, up by 180.0% month-over-month. Of the 28 sold homes, 32% were sold under asking, 14% were sold at asking, and 54% were sold over asking.
Days on Market for 18018, PA
How long does it take to sell a home in 18018, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 19 Days | -12.9% |
Summary: Homes in 18018 had an average of 19 days on market in Mar 2024, down by 12.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in 18018; 79% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.