Is 18902, 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, 18902 was a Seller's Market.
Housing Prices in 18902, PA
How much do homes in 18902, PA cost?
Median Sold Price
$675,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18902 was $675,000 in March 2024, down 6.3% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $340K | N/A |
2 Bedrooms | $311.3K | $340K | +9.2% |
3 Bedrooms | $509.9K | $515K | +1.0% |
4 Bedrooms | $780K | $760K | -2.6% |
5+ Bedrooms | $975K | $1.1M | +15.4% |
Summary: 18902 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 9.2%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in 18902, PA
How many homes are available in 18902, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 89 | +4.7% |
Summary: The 18902 real estate market had 89 homes for sale in March 2024, a 4.7% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 24 | 29 | +20.8% |
4 Bedrooms | 41 | 38 | -7.3% |
5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The 18902 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 remained the same, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 18902 in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.
Days on Market for 18902, PA
How long does it take to sell a home in 18902, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 22 Days | -6.5% |
Summary: Homes in 18902 had an average of 22 days on market in Mar 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 18902; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.