Is 18977, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18977 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 18977 was a Neutral Market.

Key Takeaway

18977 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 18977, PA

How much do homes in 18977, PA cost?

Median Sold Price

$950,000

$276/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$162,500(+20.6%)

Key Takeaway

Homes in 18977 have sold for 20.6% more than they did a month ago.

Summary: The median home sold price in 18977 was $950,000 in April 2024, up 20.6% from last month, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $700K-
N/A
3 $875K$950K
+8.6%
4 --
N/A
5+ --
N/A

Summary: 18977 housing prices by bedroom type for April 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 increased by 8.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 18977, PA

How many homes are available in 18977, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1221+75.0%

Summary: The 18977 real estate market had 21 homes for sale in April 2024, a 75.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 37
+133.3%
4 37
+133.3%
5+ 45
+25.0%

Summary: The 18977 housing inventory by bedroom type for April 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 133.3%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18977, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 18977 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 18977, PA

How long does it take to sell a home in 18977, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
116 Days3 Days-97.4%

Summary: Homes in 18977 had an average of 3 days on market in Apr 2024, down by 97.4% 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 18977 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 18977; 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 4 Days Ago

Newest Listings in 18977, PA

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