Is 18966, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 18966 has remained a Seller's Market.
Key Takeaway
18966 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18966, PA
How much do homes in 18966, PA cost?
Median Sold Price
$484,933
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 18966 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 18966 was $484,933 in April 2024, up 8.4% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $244K | +10.9% |
| 2 Bedrooms | $300K | $340K | +13.3% |
| 3 Bedrooms | $439K | $430K | -2.1% |
| 4 Bedrooms | $545K | $625K | +14.7% |
| 5+ Bedrooms | $585K | $700K | +19.7% |
Summary: 18966 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 19.7%.
Housing Supply in 18966, PA
How many homes are available in 18966, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 66 | 84 | +27.3% |
Summary: The 18966 real estate market had 84 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 24 | 27 | +12.5% |
| 4 Bedrooms | 23 | 33 | +43.5% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 18966 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 25 | +78.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18966, you could pay more than the asking price. 72% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 18966 in April 2024, up by 78.6% month-over-month. Of the 25 sold homes, 8% were sold under asking, 20% were sold at asking, and 72% were sold over asking.
Days on Market for 18966, PA
How long does it take to sell a home in 18966, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 14 Days | 7 Days | -47.4% |
Summary: Homes in 18966 had an average of 7 days on market in Apr 2024, down by 47.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18966 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 25 homes were sold in 18966; 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.
