Is 18346, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18346 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 18346 was a Buyer's Market.

Key Takeaway

18346 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18346, PA

How much do homes in 18346, PA cost?

Median Sold Price

$323,500

$192/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$6,500(-2.0%)

Key Takeaway

Homes in 18346 have sold for 2% less than they did a month ago.

Summary: The median home sold price in 18346 was $323,500 in April 2024, down 2% from last month, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $330K$250K
-24.2%
5+ -$397K
N/A

Summary: 18346 housing prices by bedroom type for April 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 did not change, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes did not change.

Housing Supply in 18346, PA

How many homes are available in 18346, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1011+10.0%

Summary: The 18346 real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 02
+100.0%
4 54
-20.0%
5+ 33
0.0%

Summary: The 18346 housing inventory by bedroom type for April 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 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 18346, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 18346 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 18346, PA

How long does it take to sell a home in 18346, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
53 Days31 Days-41.5%

Summary: Homes in 18346 had an average of 31 days on market in Apr 2024, down by 41.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18346 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 18346; 50% of homes were sold within 30 days, 50% 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 9 Days Ago

Newest Listings in 18346, PA

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