Is 18104, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 18104 has remained a Seller's Market.
Housing Prices in 18104, PA
How much do homes in 18104, PA cost?
Median Sold Price
$336,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 18104 was $336,000 in February 2024, up 4.9% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | - | N/A |
2 Bedrooms | $251K | $283.2K | +12.8% |
3 Bedrooms | $291K | $315K | +8.2% |
4 Bedrooms | $401K | $400K | -0.2% |
5+ Bedrooms | $405K | $433K | +6.9% |
Summary: 18104 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 18104, PA
How many homes are available in 18104, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
125 | 95 | -24.0% |
Summary: The 18104 real estate market had 95 homes for sale in February 2024, a 24.0% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 67 | 42 | -37.3% |
4 Bedrooms | 33 | 29 | -12.1% |
5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The 18104 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 37.3%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
37 | 25 | -32.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 18104 in February 2024, down by 32.4% month-over-month. Of the 25 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for 18104, PA
How long does it take to sell a home in 18104, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
37 Days | 22 Days | -39.8% |
Summary: Homes in 18104 had an average of 22 days on market in Feb 2024, down by 39.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 25 homes were sold in 18104; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.