Is 18624, 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, 18624 was a Seller's Market.
Housing Prices in 18624, PA
How much do homes in 18624, PA cost?
Median Sold Price
$427,500
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18624 was $427,500 in March 2024, down 2.1% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $224.5K | N/A |
2 Bedrooms | $349K | $347K | -0.6% |
3 Bedrooms | $410K | $400K | -2.4% |
4 Bedrooms | $577.5K | $500K | -13.4% |
5+ Bedrooms | $593K | $637.5K | +7.5% |
Summary: 18624 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 decreased by 0.6%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 7.5%.
Housing Supply in 18624, PA
How many homes are available in 18624, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 62 | -8.8% |
Summary: The 18624 real estate market had 62 homes for sale in March 2024, a 8.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 25 | 23 | -8.0% |
4 Bedrooms | 13 | 10 | -23.1% |
5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 18624 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 8.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 18624 in March 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 18624, PA
How long does it take to sell a home in 18624, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 130 Days | +300.3% |
Summary: Homes in 18624 had an average of 130 days on market in Mar 2024, up by 300.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 18624; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.