Is 18092, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18092 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 18092 has remained a Seller's Market.

Key Takeaway

18092 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18092, PA

How much do homes in 18092, PA cost?

Median Sold Price

$425,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$75,000(-15.0%)

Key Takeaway

Homes in 18092 have sold for 15% less than they did a year ago.

Summary: The median home sold price in 18092 was $425,000 in November 2024, down 15% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $845K-
N/A
3 $500K$405K
-19.0%
4 $470K$595K
+26.6%
5+ $657.7K-
N/A

Summary: 18092 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

18049
+4.6%
18062
+3.7%
18041
-0.5%
18092
-15.0%

Housing Supply in 18092, PA

How many homes are available in 18092, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1317+30.8%

Summary: The 18092 real estate market had 17 homes for sale in November 2024, a 30.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 14
+300.0%
4 1010
0.0%
5+ 23
+50.0%

Summary: The 18092 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 remained the same, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18092, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 18092 in November 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 18092, PA

How long does it take to sell a home in 18092, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
78 Days47 Days-39.5%

Summary: Homes in 18092 had an average of 47 days on market in Nov 2024, down by 39.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18092 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 18092; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 18092, PA

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