Is 18109, 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, 18109 has remained a Seller's Market.
Key Takeaway
18109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18109, PA
How much do homes in 18109, PA cost?
Median Sold Price
$239,900
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 18109 have sold for 17% more than they did a year ago.
Summary: The median home sold price in 18109 was $239,900 in March 2024, up 17% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $146K | -16.6% |
| 2 Bedrooms | $182.4K | $225.5K | +23.6% |
| 3 Bedrooms | $207.5K | $239.9K | +15.6% |
| 4 Bedrooms | $235.5K | $265K | +12.5% |
| 5+ Bedrooms | $197K | $237.5K | +20.6% |
Summary: 18109 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.6%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 20.6%.
Housing Supply in 18109, PA
How many homes are available in 18109, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The 18109 real estate market had 34 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The 18109 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18109, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 18109 in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for 18109, PA
How long does it take to sell a home in 18109, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 16 Days | -47.7% |
Summary: Homes in 18109 had an average of 16 days on market in Mar 2024, down by 47.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18109 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in 18109; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
