Is 18091, 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, 18091 has remained a Seller's Market.
Key Takeaway
18091 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18091, PA
How much do homes in 18091, PA cost?
Median Sold Price
$315,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 18091 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 18091 was $315,000 in April 2024, up 10.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $227K | +26.1% |
| 2 Bedrooms | $210K | $265K | +26.2% |
| 3 Bedrooms | $275K | $305K | +10.9% |
| 4 Bedrooms | $351K | $500K | +42.5% |
| 5+ Bedrooms | $505K | $800K | +58.4% |
Summary: 18091 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.1%, 2 bedroom homes increased by 26.2%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes increased by 58.4%.
Housing Supply in 18091, PA
How many homes are available in 18091, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Summary: The 18091 real estate market had 7 homes for sale in April 2024, a 46.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 1 | -75.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 18091 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 75%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18091, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 18091 in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 18091, PA
How long does it take to sell a home in 18091, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 19 Days | -65.9% |
Summary: Homes in 18091 had an average of 19 days on market in Apr 2024, down by 65.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18091 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 18091; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
