Is 18929, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18929 is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 18929 was a Seller's Market.

Key Takeaway

18929 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 18929, PA

How much do homes in 18929, PA cost?

Median Sold Price

$637,500

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$7,050(+1.1%)

Key Takeaway

Homes in 18929 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 18929 was $637,500 in May 2024, up 1.1% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $411K$420K
+2.2%
3 $481K$494.4K
+2.8%
4 $716K$725K
+1.2%
5+ $849.5K$895K
+5.4%

Summary: 18929 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Zip Codes

18976
+9.6%
18925
+7.4%
18974
+7.1%
18901
+5.9%
18929
+1.1%

Housing Supply in 18929, PA

How many homes are available in 18929, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2324+4.3%

Summary: The 18929 real estate market had 24 homes for sale in May 2024, a 4.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 1415
+7.1%
5+ 33
0.0%

Summary: The 18929 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18929, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 18929 in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 18929, PA

How long does it take to sell a home in 18929, PA?

Average Sale Time

May 2023May 2024CHANGE
6 Days5 Days-8.3%

Summary: Homes in 18929 had an average of 5 days on market in May 2024, down by 8.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18929 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in 18929; 100% of homes were sold within 30 days, 0% 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 12 Days Ago

Newest Listings in 18929, PA

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