$2,374 Closing Credit*
$199,900
800 SqFt
2 Beds
•1 Full Bath, 1 Partial
Catherine A Chies, Listing Office: Diamond 1st Real Estate, LLC.
Is 18071, 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, 18071 has remained a Seller's Market.
Key Takeaway
18071 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18071, PA
How much do homes in 18071, PA cost?
Median Sold Price
$210,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$30,000(-12.5%)
Key Takeaway
Homes in 18071 have sold for 12.5% less than they did a year ago.
Summary: The median home sold price in 18071 was $210,000 in October 2024, down 12.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | - | N/A |
| 2 Bedrooms | $170K | $210K | +23.5% |
| 3 Bedrooms | $239.9K | $210K | -12.5% |
| 4 Bedrooms | $270K | $220K | -18.5% |
| 5+ Bedrooms | $245K | $260K | +6.1% |
Summary: 18071 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 23.5%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Zip Codes
| 18235 | $235.9K | $280K | +18.7% |
| 18088 | $310K | $322.5K | +4.0% |
| 18071 | $240K | $210K | -12.5% |
Housing Supply in 18071, PA
How many homes are available in 18071, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 44 | 0.0% |
Summary: The 18071 real estate market had 44 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 18071 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 decreased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18071, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 18071 in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.
Days on Market for 18071, PA
How long does it take to sell a home in 18071, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 20 Days | -12.2% |
Summary: Homes in 18071 had an average of 20 days on market in Oct 2024, down by 12.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18071 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 18071; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
