Is 18091, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18091 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 18091 has remained a Seller's Market.

Key Takeaway

18091 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18091, PA

How much do homes in 18091, PA cost?

Median Sold Price

$365,500

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,500(+26.0%)

Key Takeaway

Homes in 18091 have sold for 26% more than they did a year ago.

Summary: The median home sold price in 18091 was $365,500 in November 2024, up 26% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $231K$178K
-22.9%
2 $265K$366K
+38.1%
3 $275K$315K
+14.5%
4 $440K$428K
-2.7%
5+ $405K$1.6M
+307.4%

Summary: 18091 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.9%, 2 bedroom homes increased by 38.1%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 307.4%.

Median Sold Price Compared To Nearby Zip Codes

18091
+26.0%
18353
+18.4%
18064
+5.0%
18072
+1.6%
18014
-0.9%

Housing Supply in 18091, PA

How many homes are available in 18091, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
159-40.0%

Summary: The 18091 real estate market had 9 homes for sale in November 2024, a 40.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 64
-33.3%
4 42
-50.0%
5+ 22
0.0%

Summary: The 18091 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18091, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 18091 in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 18091, PA

How long does it take to sell a home in 18091, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days25 Days+75.9%

Summary: Homes in 18091 had an average of 25 days on market in Nov 2024, up by 75.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18091 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 18091; 50% of homes were sold within 30 days, 50% 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 18091, PA

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