Is 18102, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18102 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 18102 has remained a Seller's Market.

Key Takeaway

18102 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18102, PA

How much do homes in 18102, PA cost?

Median Sold Price

$200,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,000(+9.9%)

Key Takeaway

Homes in 18102 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 18102 was $200,000 in November 2024, up 9.9% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $95K$100K
+5.3%
2 $130K$144K
+10.8%
3 $169.6K$184.5K
+8.8%
4 $181K$195K
+7.7%
5+ $197.5K$221K
+11.9%

Summary: 18102 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

18109
+20.4%
18101
+15.1%
18103
+13.5%
18102
+9.9%
18052
+3.2%

Housing Supply in 18102, PA

How many homes are available in 18102, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
140124-11.4%

Summary: The 18102 real estate market had 124 homes for sale in November 2024, a 11.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 117
-36.4%
3 4849
+2.1%
4 3730
-18.9%
5+ 4438
-13.6%

Summary: The 18102 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 36.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes decreased by 13.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4324-44.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18102, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in 18102 in November 2024, down by 44.2% month-over-month. Of the 24 sold homes, 21% were sold under asking, 33% were sold at asking, and 46% were sold over asking.

Days on Market for 18102, PA

How long does it take to sell a home in 18102, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days18 Days+85.0%

Summary: Homes in 18102 had an average of 18 days on market in Nov 2024, up by 85% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18102 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 24 homes were sold in 18102; 79% of homes were sold within 30 days, 21% 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 18 Days Ago

Newest Listings in 18102, PA

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