Is 18951, 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, 18951 has remained a Seller's Market.
Housing Prices in 18951, PA
How much do homes in 18951, PA cost?
Median Sold Price
$360,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 18951 was $360,000 in March 2024, down 1.4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $320K | N/A |
2 Bedrooms | $230K | $255K | +10.9% |
3 Bedrooms | $325.6K | $327.4K | +0.6% |
4 Bedrooms | $425K | $448K | +5.4% |
5+ Bedrooms | $655K | $483K | -26.3% |
Summary: 18951 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 26.3%.
Median Sold Price Compared To Nearby Zip Codes
18036 | $402.5K | $425K | +5.6% |
18951 | $364.9K | $360K | -1.4% |
18955 | $352.5K | $285.2K | -19.1% |
Housing Supply in 18951, PA
How many homes are available in 18951, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
99 | 97 | -2.0% |
Summary: The 18951 real estate market had 97 homes for sale in March 2024, a 2.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 12 | -14.3% |
3 Bedrooms | 43 | 43 | 0.0% |
4 Bedrooms | 35 | 33 | -5.7% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 18951 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 18951 in March 2024, down by 5.0% month-over-month. Of the 19 sold homes, 26% were sold under asking, 26% were sold at asking, and 47% were sold over asking.
Days on Market for 18951, PA
How long does it take to sell a home in 18951, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 22 Days | -41.7% |
Summary: Homes in 18951 had an average of 22 days on market in Mar 2024, down by 41.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 18951; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.