Is 18013, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18013 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 18013 has remained a Seller's Market.

Key Takeaway

18013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18013, PA

How much do homes in 18013, PA cost?

Median Sold Price

$275,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,250(-0.5%)

Key Takeaway

The sold price of homes in 18013 has remained the same since last year.

Summary: The median home sold price in 18013 was $275,000 in October 2024, down 0.5% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$250K
N/A
2 $205K$219.9K
+7.3%
3 $268K$272.5K
+1.7%
4 $351K$305K
-13.1%
5+ $371K$529.5K
+42.7%

Summary: 18013 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 42.7%.

Median Sold Price Compared To Nearby Zip Codes

07823
+6.7%
18072
+5.5%
18013
-0.5%

Housing Supply in 18013, PA

How many homes are available in 18013, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6662-6.1%

Summary: The 18013 real estate market had 62 homes for sale in October 2024, a 6.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 46
+50.0%
3 3528
-20.0%
4 1519
+26.7%
5+ 108
-20.0%

Summary: The 18013 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1714-17.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18013, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 18013 in October 2024, down by 17.6% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.

Days on Market for 18013, PA

How long does it take to sell a home in 18013, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days32 Days+150.3%

Summary: Homes in 18013 had an average of 32 days on market in Oct 2024, up by 150.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18013 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 18013; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% 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 17 Days Ago

Newest Listings in 18013, PA

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