Is 18940, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 18940 has remained a Seller's Market.
Housing Prices in 18940, PA
How much do homes in 18940, PA cost?
Median Sold Price
$658,333
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18940 was $658,333 in March 2024, up 0.2% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $277.4K | +8.8% |
2 Bedrooms | $332K | $387.5K | +16.7% |
3 Bedrooms | $535K | $550K | +2.8% |
4 Bedrooms | $810K | $835K | +3.1% |
5+ Bedrooms | $1.2M | $1.2M | -2.7% |
Summary: 18940 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 2.7%.
Housing Supply in 18940, PA
How many homes are available in 18940, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
100 | 100 | 0.0% |
Summary: The 18940 real estate market had 100 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 21 | 19 | -9.5% |
3 Bedrooms | 29 | 23 | -20.7% |
4 Bedrooms | 31 | 32 | +3.2% |
5+ Bedrooms | 18 | 24 | +33.3% |
Summary: The 18940 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 20 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 18940 in March 2024, down by 16.7% month-over-month. Of the 20 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for 18940, PA
How long does it take to sell a home in 18940, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 11 Days | -66.9% |
Summary: Homes in 18940 had an average of 11 days on market in Mar 2024, down by 66.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 18940; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.