Is 18347, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18347 is a neutral's market

Buyer's
Market

Difference Since December 2021

At the same time last year, 18347 was a Seller's Market.

Key Takeaway

18347 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 18347, PA cost?

Median Sold Price

$255,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$20,000(+8.5%)

Key Takeaway

Homes in 18347 have sold for 8.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $65K$225K
+246.2%
2 $170K$194K
+14.1%
3 $230K$262K
+13.9%
4 $365K$367.5K
+0.7%
5+ $440K$330.7K
-24.8%

Median Sold Price Compared To Nearby Zip Codes

18610
+12.5%
18347
+8.5%

How many homes are available in 18347, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
2926-10.3%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 63
-50.0%
3 1818
0.0%
4 33
0.0%
5+ 22
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
64-33.3%

Asking Price vs. Sold Price

4 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 18347, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
32 Days47 Days+47.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18347 are selling fast, if you're buying plan to act quickly.

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

About 18347, PA

18347, PA has 26 homes on the market. Between November 2022 and December 2022, 18347, PA real estate market has seen decrease in the number of listings by 10.3%. In December 2022, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $255,000. Listing prices have changed in this real estate market between November 2022 and December 2022: 1 bedroom properties prices increased by 246.2%, the cost of 2 bedrooms properties went up by 14.1%, the cost of 3 bedrooms properties went up by 13.9%, the cost of 4 bedrooms properties went up by 0.7%, the cost of 5 bedrooms properties went down by 24.8%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 50%, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes have not changed. Over 0 listings were sold over their listed price in December 2022 in 18347, PA. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.