Is 18092, 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, 18092 has remained a Seller's Market.
Key Takeaway
18092 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18092, PA
How much do homes in 18092, PA cost?
Median Sold Price
$470,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 18092 have sold for 6% less than they did a year ago.
Summary: The median home sold price in 18092 was $470,000 in April 2024, down 6% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $845K | - | N/A |
| 3 Bedrooms | $385K | $400.4K | +4.0% |
| 4 Bedrooms | $636K | $559.9K | -12.0% |
| 5+ Bedrooms | $340K | $657.7K | +93.5% |
Summary: 18092 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 93.5%.
Housing Supply in 18092, PA
How many homes are available in 18092, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 16 | +128.6% |
Summary: The 18092 real estate market had 16 homes for sale in April 2024, a 128.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 3 | 10 | +233.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 18092 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 233.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18092, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 18092 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 18092, PA
How long does it take to sell a home in 18092, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 27 Days | -34.4% |
Summary: Homes in 18092 had an average of 27 days on market in Apr 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18092 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in 18092; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
