$4,750 Closing Credit*
$400,000
1,807 SqFt
2 Beds
•2 Full Baths
Listing Office: Miklas Realty
Is 18045, 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, 18045 has remained a Seller's Market.
Key Takeaway
18045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18045, PA
How much do homes in 18045, PA cost?
Median Sold Price
$385,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,087(+9.4%)
Key Takeaway
Homes in 18045 have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in 18045 was $385,000 in October 2024, up 9.4% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $232.5K | N/A |
| 2 Bedrooms | $317K | $296.3K | -6.5% |
| 3 Bedrooms | $323.9K | $372.3K | +14.9% |
| 4 Bedrooms | $485K | $452.2K | -6.8% |
| 5+ Bedrooms | $480K | $573.5K | +19.5% |
Summary: 18045 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 decreased by 6.5%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 19.5%.
Housing Supply in 18045, PA
How many homes are available in 18045, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 117 | 111 | -5.1% |
Summary: The 18045 real estate market had 111 homes for sale in October 2024, a 5.1% 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 61 | 64 | +4.9% |
| 4 Bedrooms | 33 | 27 | -18.2% |
| 5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The 18045 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 remained the same, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18045, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 18045 in October 2024, up by 3.8% month-over-month. Of the 27 sold homes, 26% were sold under asking, 26% were sold at asking, and 48% were sold over asking.
Days on Market for 18045, PA
How long does it take to sell a home in 18045, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 21 Days | +72.6% |
Summary: Homes in 18045 had an average of 21 days on market in Oct 2024, up by 72.6% compared to last year.
Breakdown of Home Sale Times
21 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 18045 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 18045; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
