$3,147 Closing Credit*
$265,000
1,040 SqFt
2 Beds
•1 Full Bath
Listing Office: New Beginnings Realty
Is 18088, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 18088 was a Seller's Market.
Key Takeaway
18088 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 18088, PA
How much do homes in 18088, PA cost?
Median Sold Price
$322,500
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,500(+4.0%)
Key Takeaway
Homes in 18088 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 18088 was $322,500 in October 2024, up 4% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.9K | - | N/A |
| 2 Bedrooms | $212.5K | $245K | +15.3% |
| 3 Bedrooms | $284.2K | $289K | +1.7% |
| 4 Bedrooms | $374.9K | $392K | +4.5% |
| 5+ Bedrooms | $403.3K | $457.5K | +13.4% |
Summary: 18088 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 15.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Zip Codes
| 18038 | $251.4K | $350K | +39.2% |
| 18088 | $310K | $322.5K | +4.0% |
Housing Supply in 18088, PA
How many homes are available in 18088, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 37 | +15.6% |
Summary: The 18088 real estate market had 37 homes for sale in October 2024, a 15.6% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 16 | +45.5% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 18088 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 50%, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18088, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 18088 in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 18088, PA
How long does it take to sell a home in 18088, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 34 Days | +207.2% |
Summary: Homes in 18088 had an average of 34 days on market in Oct 2024, up by 207.2% compared to last year.
Breakdown of Home Sale Times
4 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 18088 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 18088; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
