Is 18106, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 18106 was a Seller's Market.
Key Takeaway
18106 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 18106, PA
How much do homes in 18106, PA cost?
Median Sold Price
$400,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 18106 have sold for 18.5% more than they did a year ago.
Summary: The median home sold price in 18106 was $400,000 in March 2024, up 18.5% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $167.7K | N/A |
| 2 Bedrooms | $180K | - | N/A |
| 3 Bedrooms | $287.4K | $326K | +13.4% |
| 4 Bedrooms | $495K | $495.5K | 0.1% |
| 5+ Bedrooms | $750K | $987.5K | +31.7% |
Summary: 18106 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 did not change, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 31.7%.
Median Sold Price Compared To Nearby Zip Codes
| 18106 | $337.5K | $400K | +18.5% |
| 18069 | $390K | $447K | +14.6% |
| 18031 | $439K | $454.9K | +3.6% |
Housing Supply in 18106, PA
How many homes are available in 18106, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 10 | -41.2% |
Summary: The 18106 real estate market had 10 homes for sale in March 2024, a 41.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 0 | -100.0% |
Summary: The 18106 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 increased by 100%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 18106, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 18106 in March 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 18106, PA
How long does it take to sell a home in 18106, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 6 Days | -73.2% |
Summary: Homes in 18106 had an average of 6 days on market in Mar 2024, down by 73.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18106 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in 18106; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
