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 February 2022

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.

How much do homes in 18929, PA cost?

Median Sold Price

$625,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$37,500(+6.4%)

Key Takeaway

Homes in 18929 have sold for 6.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 --
N/A
2 $335.2K$411K
+22.6%
3 $428.7K$490K
+14.3%
4 $647.5K$686.2K
+6.0%
5+ $972.5K$892K
-8.3%

Median Sold Price Compared To Nearby Zip Codes

18974
+7.4%
18976
+6.6%
18929
+6.4%
18901
+5.2%
18925
-7.0%

How many homes are available in 18929, PA?

Number of Homes For Sale

Jan 2023Feb 2023%
1518+20.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 11
0.0%
3 69
+50.0%
4 44
0.0%
5+ 44
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 66.7% of homes here sold above asking price last month.

Average Sale Time

Feb 2022Feb 2023%
4 Days25 Days+533.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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.

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

About 18929, PA

18929, PA has 18 homes on the market. The inventory of homes for sale in 18929, PA between January 2023 and February 2023 increased by 20%. Listings spent 25 days on the market in February 2023, and had a median list price of $625,000 during the same period. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 22.6%, 3 bedrooms properties prices increased by 14.3%, 4 bedrooms properties became 6% more expensive, prices of 5 bedrooms properties decreased by 8.3%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory increased by 50%, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory did not change. While more than 2 listings in 18929, PA in February 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.