Is 18101, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18101 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 18101 was a Seller's Market.

Key Takeaway

18101 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 18101, PA

How much do homes in 18101, PA cost?

Median Sold Price

$189,900

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,900(+22.5%)

Key Takeaway

Homes in 18101 have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in 18101 was $189,900 in October 2024, up 22.5% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $127.4K$109.9K
-13.8%
3 $107K$212.5K
+98.6%
4 $142K$189.9K
+33.7%
5+ $328K$396K
+20.7%

Summary: 18101 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 decreased by 13.8%, 3 bedroom homes increased by 98.6%, 4 bedroom homes increased by 33.7%, and 5+ bedroom homes increased by 20.7%.

Median Sold Price Compared To Nearby Zip Codes

18101
+22.5%
18102
+10.5%

Housing Supply in 18101, PA

How many homes are available in 18101, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
68+33.3%

Summary: The 18101 real estate market had 8 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 11
0.0%
5+ 33
0.0%

Summary: The 18101 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 18101, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 18101 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 18101, PA

How long does it take to sell a home in 18101, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days9 Days+125.0%

Summary: Homes in 18101 had an average of 9 days on market in Oct 2024, up by 125% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 18101 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 18101; 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 22 Days Ago

Newest Listings in 18101, PA

Nearby Markets to 18101, PA