Is 18058, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18058 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 18058 has remained a Seller's Market.

Key Takeaway

18058 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18058, PA

How much do homes in 18058, PA cost?

Median Sold Price

$307,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$29,550(+10.7%)

Key Takeaway

Homes in 18058 have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in 18058 was $307,000 in December 2024, up 10.7% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $216.2K$150K
-30.6%
3 $270K$304K
+12.6%
4 $361.9K$381.6K
+5.4%
5+ $329.9K$425K
+28.8%

Summary: 18058 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.6%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 28.8%.

Median Sold Price Compared To Nearby Zip Codes

18058
+10.7%
18071
-6.6%

Housing Supply in 18058, PA

How many homes are available in 18058, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2417-29.2%

Summary: The 18058 real estate market had 17 homes for sale in December 2024, a 29.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 00
0.0%
3 1412
-14.3%
4 73
-57.1%
5+ 21
-50.0%

Summary: The 18058 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18058, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 18058 in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 18058, PA

How long does it take to sell a home in 18058, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
73 Days28 Days-62.0%

Summary: Homes in 18058 had an average of 28 days on market in Dec 2024, down by 62% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18058 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 18058; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 18058, PA

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