Is 18969, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 18969 was a Buyer's Market.
Key Takeaway
18969 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18969, PA
How much do homes in 18969, PA cost?
Median Sold Price
$388,450
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 18969 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 18969 was $388,450 in March 2024, up 1.8% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163K | $177K | +8.6% |
| 2 Bedrooms | $272.7K | $277.5K | +1.7% |
| 3 Bedrooms | $379K | $375K | -1.1% |
| 4 Bedrooms | $485K | $480K | -1.0% |
| 5+ Bedrooms | $535K | $677K | +26.5% |
Summary: 18969 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 26.5%.
Housing Supply in 18969, PA
How many homes are available in 18969, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The 18969 real estate market had 31 homes for sale in March 2024, a 24.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 15 | 19 | +26.7% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 18969 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18969, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 18969 in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 18969, PA
How long does it take to sell a home in 18969, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 25 Days | -40.5% |
Summary: Homes in 18969 had an average of 25 days on market in Mar 2024, down by 40.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 18969 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in 18969; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
