Is 18067, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18067 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 18067 has remained a Seller's Market.

Key Takeaway

18067 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18067, PA

How much do homes in 18067, PA cost?

Median Sold Price

$330,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+6.5%)

Key Takeaway

Homes in 18067 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 18067 was $330,000 in October 2024, up 6.5% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $157.5K$205K
+30.2%
3 $291.5K$329.9K
+13.2%
4 $435K$350K
-19.5%
5+ $342.5K$385K
+12.4%

Summary: 18067 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 30.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Zip Codes

18032
+18.4%
18067
+6.5%
18088
+4.0%
18014
-1.4%

Housing Supply in 18067, PA

How many homes are available in 18067, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6774+10.4%

Summary: The 18067 real estate market had 74 homes for sale in October 2024, a 10.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 67
+16.7%
3 3040
+33.3%
4 2825
-10.7%
5+ 31
-66.7%

Summary: The 18067 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 increased by 16.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1327+107.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18067, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 18067 in October 2024, up by 107.7% month-over-month. Of the 27 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.

Days on Market for 18067, PA

How long does it take to sell a home in 18067, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days14 Days-51.2%

Summary: Homes in 18067 had an average of 14 days on market in Oct 2024, down by 51.2% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18067 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in 18067; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% 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 14 Days Ago

Newest Listings in 18067, PA

Nearby Markets to 18067, PA