$2,375 Closing Credit*
$200,000
1,290 SqFt
3 Beds
•1 Full Bath
Listing Office: BHHS Fox & Roach Bethlehem
Is 18018, 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, 18018 has remained a Seller's Market.
Key Takeaway
18018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18018, PA
How much do homes in 18018, PA cost?
Median Sold Price
$280,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+5.7%)
Key Takeaway
Homes in 18018 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 18018 was $280,000 in November 2024, up 5.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $221.5K | -22.3% |
| 2 Bedrooms | $230K | $260K | +13.0% |
| 3 Bedrooms | $266.5K | $275K | +3.2% |
| 4 Bedrooms | $265K | $290K | +9.4% |
| 5+ Bedrooms | $325K | $365K | +12.3% |
Summary: 18018 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 12.3%.
Housing Supply in 18018, PA
How many homes are available in 18018, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 69 | -24.2% |
Summary: The 18018 real estate market had 69 homes for sale in November 2024, a 24.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 58 | 39 | -32.8% |
| 4 Bedrooms | 24 | 18 | -25.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 18018 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 32.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18018, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 18018 in November 2024, down by 3.8% month-over-month. Of the 25 sold homes, 36% were sold under asking, 24% were sold at asking, and 40% were sold over asking.
Days on Market for 18018, PA
How long does it take to sell a home in 18018, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 17 Days | +2.2% |
Summary: Homes in 18018 had an average of 17 days on market in Nov 2024, up by 2.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18018 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 18018; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
