$3,978 Closing Credit*
$335,000
1,606 SqFt
Listing Office: Preferred Properties Plus
Is 18042, 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, 18042 has remained a Seller's Market.
Key Takeaway
18042 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18042, PA
How much do homes in 18042, PA cost?
Median Sold Price
$247,333
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,333(+7.5%)
Key Takeaway
Homes in 18042 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 18042 was $247,333 in October 2024, up 7.5% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $254K | +5.8% |
| 2 Bedrooms | $225K | $211K | -6.2% |
| 3 Bedrooms | $225K | $239.9K | +6.6% |
| 4 Bedrooms | $249.9K | $284.7K | +13.9% |
| 5+ Bedrooms | $300K | $333K | +11.0% |
Summary: 18042 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 11%.
Housing Supply in 18042, PA
How many homes are available in 18042, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 115 | 107 | -7.0% |
Summary: The 18042 real estate market had 107 homes for sale in October 2024, a 7.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 23 | 21 | -8.7% |
| 3 Bedrooms | 54 | 42 | -22.2% |
| 4 Bedrooms | 23 | 25 | +8.7% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 18042 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 23 | -39.5% |
Asking Price vs. Sold Price
7 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 18042, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 18042 in October 2024, down by 39.5% month-over-month. Of the 23 sold homes, 30% were sold under asking, 26% were sold at asking, and 43% were sold over asking.
Days on Market for 18042, PA
How long does it take to sell a home in 18042, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 13 Days | -14.3% |
Summary: Homes in 18042 had an average of 13 days on market in Oct 2024, down by 14.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18042 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in 18042; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.