Is 18925, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18925 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 18925 has remained a Buyer's Market.

Key Takeaway

18925 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 18925, PA

How much do homes in 18925, PA cost?

Median Sold Price

$585,000

$253/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$337,500(-36.6%)

Key Takeaway

Homes in 18925 have sold for 36.6% less than they did a month ago.

Summary: The median home sold price in 18925 was $585,000 in March 2024, down 36.6% from last month, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$535K
N/A
4 $895K$915K
+2.2%
5+ $950K$870K
-8.4%

Summary: 18925 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 8.4%.

Housing Supply in 18925, PA

How many homes are available in 18925, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3540+14.3%

Summary: The 18925 real estate market had 40 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1214
+16.7%
4 1718
+5.9%
5+ 68
+33.3%

Summary: The 18925 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 16.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18925, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 18925 in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 18925, PA

How long does it take to sell a home in 18925, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
22 Days19 Days-14.7%

Summary: Homes in 18925 had an average of 19 days on market in Mar 2024, down by 14.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18925 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in 18925; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 18925, PA

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