Is 18929, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, 18929 has remained a Seller's Market.
Key Takeaway
18929 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18929, PA
How much do homes in 18929, PA cost?
Median Sold Price
$655,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in 18929 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 18929 was $655,000 in June 2024, up 4.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $452K | $420K | -7.1% |
| 3 Bedrooms | $510K | $484.5K | -5.0% |
| 4 Bedrooms | $730K | $747.4K | +2.4% |
| 5+ Bedrooms | $939.5K | $860K | -8.5% |
Summary: 18929 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 8.5%.
Housing Supply in 18929, PA
How many homes are available in 18929, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The 18929 real estate market had 26 homes for sale in June 2024, a 7.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 18929 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18929, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 18929 in June 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 3 Days | 26 Days | +640.7% |
Summary: Homes in 18929 had an average of 26 days on market in Jun 2024, up by 640.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 18929 are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 9 homes were sold in 18929; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
