Is 18073, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18073 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 18073 has remained a Seller's Market.

Key Takeaway

18073 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18073, PA

How much do homes in 18073, PA cost?

Median Sold Price

$371,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,100(+6.0%)

Key Takeaway

Homes in 18073 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 18073 was $371,000 in October 2024, up 6% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$259.9K
+29.9%
2 $375K$280K
-25.3%
3 $329.9K$341.2K
+3.4%
4 $535K$515K
-3.7%
5+ $625K$730K
+16.8%

Summary: 18073 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.9%, 2 bedroom homes decreased by 25.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 16.8%.

Median Sold Price Compared To Nearby Zip Codes

19504
+12.8%
18054
+10.1%
18073
+6.0%
18076
+5.7%
18041
+2.8%

Housing Supply in 18073, PA

How many homes are available in 18073, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3332-3.0%

Summary: The 18073 real estate market had 32 homes for sale in October 2024, a 3.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1720
+17.6%
4 108
-20.0%
5+ 00
0.0%

Summary: The 18073 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 decreased by 33.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18073, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 18073 in October 2024, up by 37.5% month-over-month. Of the 11 sold homes, 27% were sold under asking, 45% were sold at asking, and 27% were sold over asking.

Days on Market for 18073, PA

How long does it take to sell a home in 18073, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days6 Days-29.3%

Summary: Homes in 18073 had an average of 6 days on market in Oct 2024, down by 29.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18073 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 18073; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 18073, PA

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