Is 18466, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 18466 was a Seller's Market.
Key Takeaway
18466 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 18466, PA
How much do homes in 18466, PA cost?
Median Sold Price
$245,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 18466 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 18466 was $245,000 in April 2024, up 4.5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $200K | +2.6% |
| 3 Bedrooms | $210K | $245K | +16.7% |
| 4 Bedrooms | $286K | $240K | -16.1% |
| 5+ Bedrooms | $282.5K | $330K | +16.8% |
Summary: 18466 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Zip Codes
| 18350 | $374.9K | $477.5K | +27.4% |
| 18466 | $234.5K | $245K | +4.5% |
Housing Supply in 18466, PA
How many homes are available in 18466, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 67 | +3.1% |
Summary: The 18466 real estate market had 67 homes for sale in April 2024, a 3.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 44 | 43 | -2.3% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 18466 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 increased by 100%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18466, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 18466 in April 2024, down by 26.7% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for 18466, PA
How long does it take to sell a home in 18466, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 34 Days | 0.2% |
Summary: Homes in 18466 had an average of 34 days on market in Apr 2024, up by 0.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 18466 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in 18466; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
