Is 18224, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18224 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 18224 has remained a Seller's Market.

Key Takeaway

18224 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18224, PA

How much do homes in 18224, PA cost?

Median Sold Price

$210,000

$115/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$150,000(+250.0%)

Key Takeaway

Homes in 18224 have sold for 250% more than they did a month ago.

Summary: The median home sold price in 18224 was $210,000 in March 2024, up 250% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $60K$210K
+250.0%
4 --
N/A
5+ --
N/A

Summary: 18224 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 250%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

18224
+250.0%
18255
+84.9%

Housing Supply in 18224, PA

How many homes are available in 18224, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
34+33.3%

Summary: The 18224 real estate market had 4 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 18224 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18224, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 18224 in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 18224, PA

How long does it take to sell a home in 18224, PA?

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18224 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in 18224; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in 18224, PA

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