Is 18964, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18964 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 18964 was a Seller's Market.

Key Takeaway

18964 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 18964, PA

How much do homes in 18964, PA cost?

Median Sold Price

$429,000

$249/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$45,900(-9.7%)

Key Takeaway

Homes in 18964 have sold for 9.7% less than they did a month ago.

Summary: The median home sold price in 18964 was $429,000 in March 2024, down 9.7% from last month, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $474.9K$451K
-5.0%
4 $517.5K$345K
-33.3%
5+ --
N/A

Summary: 18964 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 decreased by 5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes did not change.

Housing Supply in 18964, PA

How many homes are available in 18964, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2931+6.9%

Summary: The 18964 real estate market had 31 homes for sale in March 2024, a 6.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1518
+20.0%
4 1211
-8.3%
5+ 00
0.0%

Summary: The 18964 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 increased by 20%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18964, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 18964 in March 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 18964, PA

How long does it take to sell a home in 18964, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
7 Days25 Days+228.2%

Summary: Homes in 18964 had an average of 25 days on market in Mar 2024, up by 228.2% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18964 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in 18964; 60% of homes were sold within 30 days, 40% 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 24 Days Ago

Newest Listings in 18964, PA

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