Is 18235, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 18235 was a Seller's Market.
Housing Prices in 18235, PA
How much do homes in 18235, PA cost?
Median Sold Price
$245,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 18235 was $245,000 in February 2024, up 8.9% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $165K | +94.1% |
2 Bedrooms | $205K | $142K | -30.7% |
3 Bedrooms | $225K | $229.5K | +2.0% |
4 Bedrooms | $197.5K | $272.9K | +38.2% |
5+ Bedrooms | $285K | $334.9K | +17.5% |
Summary: 18235 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.1%, 2 bedroom homes decreased by 30.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes increased by 17.5%.
Housing Supply in 18235, PA
How many homes are available in 18235, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
56 | 50 | -10.7% |
Summary: The 18235 real estate market had 50 homes for sale in February 2024, a 10.7% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 34 | 19 | -44.1% |
4 Bedrooms | 6 | 13 | +116.7% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The 18235 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 decreased by 33.3%, 3 bedroom homes decreased by 44.1%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 6 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 18235 in February 2024, down by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 18235, PA
How long does it take to sell a home in 18235, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
31 Days | 41 Days | +32.8% |
Summary: Homes in 18235 had an average of 41 days on market in Feb 2024, up by 32.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 6 homes were sold in 18235; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.