Is 18103, 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, 18103 has remained a Seller's Market.
Housing Prices in 18103, PA
How much do homes in 18103, PA cost?
Median Sold Price
$284,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18103 was $284,000 in March 2024, up 13.6% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $159.9K | $170.5K | +6.6% |
2 Bedrooms | $210K | $220K | +4.8% |
3 Bedrooms | $230K | $269.3K | +17.1% |
4 Bedrooms | $337.5K | $352.5K | +4.4% |
5+ Bedrooms | $410K | $508.4K | +24.0% |
Summary: 18103 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 24%.
Housing Supply in 18103, PA
How many homes are available in 18103, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
112 | 124 | +10.7% |
Summary: The 18103 real estate market had 124 homes for sale in March 2024, a 10.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 44 | 52 | +18.2% |
4 Bedrooms | 51 | 51 | 0.0% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The 18103 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 31 | +63.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 18103 in March 2024, up by 63.2% month-over-month. Of the 31 sold homes, 39% were sold under asking, 16% were sold at asking, and 45% were sold over asking.
Days on Market for 18103, PA
How long does it take to sell a home in 18103, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 16 Days | -20.0% |
Summary: Homes in 18103 had an average of 16 days on market in Mar 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in 18103; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.