Is 18104, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18104 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 18104 has remained a Seller's Market.

Key Takeaway

18104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18104, PA

How much do homes in 18104, PA cost?

Median Sold Price

$358,400

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,500(+7.3%)

Key Takeaway

Homes in 18104 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 18104 was $358,400 in December 2024, up 7.3% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$215.7K
N/A
2 $280K$295K
+5.4%
3 $313K$336.1K
+7.4%
4 $395K$435K
+10.1%
5+ $405K$454.7K
+12.3%

Summary: 18104 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

18103
+11.8%
18102
+10.5%
18104
+7.3%
18106
+6.0%
18052
+3.1%

Housing Supply in 18104, PA

How many homes are available in 18104, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
142105-26.1%

Summary: The 18104 real estate market had 105 homes for sale in December 2024, a 26.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 7458
-21.6%
4 4936
-26.5%
5+ 115
-54.5%

Summary: The 18104 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes decreased by 54.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4837-22.9%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18104, you could pay more than the asking price. 45.9% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in 18104 in December 2024, down by 22.9% month-over-month. Of the 37 sold homes, 38% were sold under asking, 16% were sold at asking, and 46% were sold over asking.

Days on Market for 18104, PA

How long does it take to sell a home in 18104, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
17 Days20 Days+18.1%

Summary: Homes in 18104 had an average of 20 days on market in Dec 2024, up by 18.1% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18104 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 37 homes were sold in 18104; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% 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 2 Days Ago

Newest Listings in 18104, PA

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