$2,114 Closing Credit*
$178,000
1,176 SqFt
3 Beds
•1 Full Bath
Listing Office: BHHS Fox & Roach - Allentown
Is 18037, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 18037 has remained a Seller's Market.
Key Takeaway
18037 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18037, PA
How much do homes in 18037, PA cost?
Median Sold Price
$312,500
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,250(+8.8%)
Key Takeaway
Homes in 18037 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 18037 was $312,500 in October 2024, up 8.8% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87K | - | N/A |
| 2 Bedrooms | $176.1K | $196.5K | +11.6% |
| 3 Bedrooms | $310K | $305K | -1.6% |
| 4 Bedrooms | $289.9K | $395K | +36.3% |
| 5+ Bedrooms | $482.4K | $235K | -51.3% |
Summary: 18037 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 11.6%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes decreased by 51.3%.
Housing Supply in 18037, PA
How many homes are available in 18037, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The 18037 real estate market had 17 homes for sale in October 2024, a 15.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 18037 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18037, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 18037 in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for 18037, PA
How long does it take to sell a home in 18037, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 20 Days | +185.7% |
Summary: Homes in 18037 had an average of 20 days on market in Oct 2024, up by 185.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18037 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 18037; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
