Is 18347, 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, 18347 has remained a Buyer's Market.
Housing Prices in 18347, PA
How much do homes in 18347, PA cost?
Median Sold Price
$280,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18347 was $280,000 in March 2024, up 9.3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | - | N/A |
2 Bedrooms | $194K | $221.2K | +14.0% |
3 Bedrooms | $262K | $295K | +12.6% |
4 Bedrooms | $535K | $305K | -43.0% |
5+ Bedrooms | $407.5K | $480K | +17.8% |
Summary: 18347 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 14%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 43%, and 5+ bedroom homes increased by 17.8%.
Median Sold Price Compared To Nearby Zip Codes
18347 | $256.2K | $280K | +9.3% |
18610 | $275K | $281.2K | +2.3% |
18334 | $392.9K | $317.2K | -19.3% |
Housing Supply in 18347, PA
How many homes are available in 18347, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 55 | +7.8% |
Summary: The 18347 real estate market had 55 homes for sale in March 2024, a 7.8% increase 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 | 7 | 6 | -14.3% |
3 Bedrooms | 28 | 32 | +14.3% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 18347 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 14.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 18347 in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for 18347, PA
How long does it take to sell a home in 18347, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 70 Days | +188.4% |
Summary: Homes in 18347 had an average of 70 days on market in Mar 2024, up by 188.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 18347; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.