Is 18102, 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, 18102 has remained a Seller's Market.
Housing Prices in 18102, PA
How much do homes in 18102, PA cost?
Median Sold Price
$185,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18102 was $185,000 in March 2024, up 8.6% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $95K | N/A |
2 Bedrooms | $120K | $134.5K | +12.1% |
3 Bedrooms | $157K | $165K | +5.1% |
4 Bedrooms | $180K | $185K | +2.8% |
5+ Bedrooms | $195K | $215K | +10.3% |
Summary: 18102 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 10.3%.
Housing Supply in 18102, PA
How many homes are available in 18102, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
127 | 106 | -16.5% |
Summary: The 18102 real estate market had 106 homes for sale in March 2024, a 16.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 9 | 5 | -44.4% |
3 Bedrooms | 43 | 38 | -11.6% |
4 Bedrooms | 21 | 17 | -19.0% |
5+ Bedrooms | 52 | 44 | -15.4% |
Summary: The 18102 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 decreased by 44.4%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 32 | -13.5% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 18102 in March 2024, down by 13.5% month-over-month. Of the 32 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for 18102, PA
How long does it take to sell a home in 18102, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 33 Days | +17.6% |
Summary: Homes in 18102 had an average of 33 days on market in Mar 2024, up by 17.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in 18102; 72% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.