Is 18052, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 18052 has remained a Seller's Market.
Key Takeaway
18052 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18052, PA
How much do homes in 18052, PA cost?
Median Sold Price
$310,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 18052 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 18052 was $310,000 in April 2024, up 3.5% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $136K | -22.3% |
| 2 Bedrooms | $216K | $240.9K | +11.6% |
| 3 Bedrooms | $279K | $304K | +9.0% |
| 4 Bedrooms | $330K | $363K | +10.0% |
| 5+ Bedrooms | $465K | $384.5K | -17.3% |
Summary: 18052 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 17.3%.
Housing Supply in 18052, PA
How many homes are available in 18052, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 47 | +51.6% |
Summary: The 18052 real estate market had 47 homes for sale in April 2024, a 51.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 22 | 28 | +27.3% |
| 4 Bedrooms | 7 | 16 | +128.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 18052 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 128.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18052, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 18052 in April 2024, down by 8.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for 18052, PA
How long does it take to sell a home in 18052, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 46 Days | +428.0% |
Summary: Homes in 18052 had an average of 46 days on market in Apr 2024, up by 428% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18052 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in 18052; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
