$5,415 Closing Credit*
$456,000
1,497 SqFt
5 Beds
•2 Full Baths
Listing Office: IronValley RE of Lehigh Valley
Is 18014, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 18014 has remained a Seller's Market.
Key Takeaway
18014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18014, PA
How much do homes in 18014, PA cost?
Median Sold Price
$356,875
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,075(-0.9%)
Key Takeaway
Homes in 18014 have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in 18014 was $356,875 in November 2024, down 0.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.2K | - | N/A |
| 2 Bedrooms | $268.2K | $272.5K | +1.6% |
| 3 Bedrooms | $297.5K | $310K | +4.2% |
| 4 Bedrooms | $425K | $443K | +4.2% |
| 5+ Bedrooms | $382K | $517.5K | +35.5% |
Summary: 18014 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 35.5%.
Housing Supply in 18014, PA
How many homes are available in 18014, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 27 | -22.9% |
Summary: The 18014 real estate market had 27 homes for sale in November 2024, a 22.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 18014 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18014, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 18014 in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for 18014, PA
How long does it take to sell a home in 18014, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 27 Days | +18.8% |
Summary: Homes in 18014 had an average of 27 days on market in Nov 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 18014 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 18014; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
