Is 18324, 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, 18324 was a Seller's Market.
Key Takeaway
18324 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 18324, PA
How much do homes in 18324, PA cost?
Median Sold Price
$255,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 18324 have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in 18324 was $255,000 in March 2024, up 13.4% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $145K | N/A |
| 2 Bedrooms | $110K | $115K | +4.5% |
| 3 Bedrooms | $215K | $252.5K | +17.4% |
| 4 Bedrooms | $270K | $294.5K | +9.1% |
| 5+ Bedrooms | - | $270K | N/A |
Summary: 18324 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 4.5%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 18302 | $254.9K | $310K | +21.6% |
| 18324 | $224.9K | $255K | +13.4% |
Housing Supply in 18324, PA
How many homes are available in 18324, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 32 | +28.0% |
Summary: The 18324 real estate market had 32 homes for sale in March 2024, a 28.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 18324 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 33.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18324, 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 18324 in March 2024, down by 75.0% month-over-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 18324, PA
How long does it take to sell a home in 18324, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 36 Days | -18.6% |
Summary: Homes in 18324 had an average of 36 days on market in Mar 2024, down by 18.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 18324 has remained consistent over time.
Summary: During March 2024, 1 homes were sold in 18324; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
