Is 18302, 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, 18302 has remained a Seller's Market.
Housing Prices in 18302, PA
How much do homes in 18302, PA cost?
Median Sold Price
$310,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18302 was $310,000 in March 2024, up 21.6% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | - | N/A |
2 Bedrooms | $170K | $184K | +8.2% |
3 Bedrooms | $249.9K | $282.5K | +13.0% |
4 Bedrooms | $300K | $359.5K | +19.8% |
5+ Bedrooms | $340K | $500K | +47.1% |
Summary: 18302 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 increased by 8.2%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 47.1%.
Median Sold Price Compared To Nearby Zip Codes
18302 | $254.9K | $310K | +21.6% |
18301 | $330K | $300K | -9.1% |
Housing Supply in 18302, PA
How many homes are available in 18302, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 38 | -9.5% |
Summary: The 18302 real estate market had 38 homes for sale in March 2024, a 9.5% 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 | 2 | 1 | -50.0% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 18302 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 decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 18302 in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for 18302, PA
How long does it take to sell a home in 18302, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 50 Days | +12.6% |
Summary: Homes in 18302 had an average of 50 days on market in Mar 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 18302; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.