Is 18942, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18942 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 18942 has remained a Buyer's Market.

Key Takeaway

18942 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 18942, PA

How much do homes in 18942, PA cost?

Median Sold Price

$300,000

$226/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$535,500(-64.1%)

Key Takeaway

Homes in 18942 have sold for 64.1% less than they did a month ago.

Summary: The median home sold price in 18942 was $300,000 in March 2024, down 64.1% from last month, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $580K-
N/A
4 $1.0M$300K
-72.5%
5+ --
N/A

Summary: 18942 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 decreased by 72.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

18930
+12.6%
18942
-64.1%

Housing Supply in 18942, PA

How many homes are available in 18942, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
15150.0%

Summary: The 18942 real estate market had 15 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 1110
-9.1%
5+ 12
+100.0%

Summary: The 18942 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 remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18942, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 18942 in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 18942, PA

How long does it take to sell a home in 18942, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
54 Days6 Days-89.0%

Summary: Homes in 18942 had an average of 6 days on market in Mar 2024, down by 89% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 18942 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in 18942; 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 18 Days Ago

Newest Listings in 18942, PA

Nearby Markets to 18942, PA