Is 18603, 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, 18603 was a Seller's Market.
Key Takeaway
18603 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 18603, PA
How much do homes in 18603, PA cost?
Median Sold Price
$175,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 18603 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 18603 was $175,000 in March 2024, up 6.1% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $83.5K | -27.4% |
| 2 Bedrooms | $141.5K | $141.7K | 0.2% |
| 3 Bedrooms | $174K | $185K | +6.3% |
| 4 Bedrooms | $173.5K | $230K | +32.6% |
| 5+ Bedrooms | $160K | $152.4K | -4.7% |
Summary: 18603 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.4%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Zip Codes
| 18603 | $165K | $175K | +6.1% |
| 17815 | $210K | $209.5K | -0.2% |
Housing Supply in 18603, PA
How many homes are available in 18603, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 44 | -6.4% |
Summary: The 18603 real estate market had 44 homes for sale in March 2024, a 6.4% decrease 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 | 9 | +28.6% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 18603 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 increased by 28.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 4 | -69.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18603, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 18603 in March 2024, down by 69.2% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 18603, PA
We’re sorry, we don't have information for this market at the moment
