$4,986 Closing Credit*
$419,900
1,949 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Allentown
Is 18020, 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, 18020 has remained a Seller's Market.
Key Takeaway
18020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18020, PA
How much do homes in 18020, PA cost?
Median Sold Price
$428,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+4.4%)
Key Takeaway
Homes in 18020 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 18020 was $428,000 in November 2024, up 4.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $200K | -51.2% |
| 2 Bedrooms | $251K | $290.5K | +15.7% |
| 3 Bedrooms | $343.5K | $380.5K | +10.8% |
| 4 Bedrooms | $532.5K | $530K | -0.5% |
| 5+ Bedrooms | $445K | $557K | +25.2% |
Summary: 18020 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.2%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 25.2%.
Housing Supply in 18020, PA
How many homes are available in 18020, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 52 | -17.5% |
Summary: The 18020 real estate market had 52 homes for sale in November 2024, a 17.5% 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 | 0 | -100.0% |
| 3 Bedrooms | 30 | 25 | -16.7% |
| 4 Bedrooms | 26 | 22 | -15.4% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 18020 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 decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18020, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 18020 in November 2024, down by 30.8% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for 18020, PA
How long does it take to sell a home in 18020, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 23 Days | +157.8% |
Summary: Homes in 18020 had an average of 23 days on market in Nov 2024, up by 157.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18020 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 18020; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
