$6,709 Closing Credit*
$565,000
2,344 SqFt
3 Beds
•2 Full Baths, 1 Partial
Charles J Breidinger
Is 18229, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 18229 has remained a Seller's Market.
Key Takeaway
18229 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18229, PA
How much do homes in 18229, PA cost?
Median Sold Price
$280,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,500(+3.1%)
Key Takeaway
Homes in 18229 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 18229 was $280,000 in October 2024, up 3.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $205K | N/A |
| 2 Bedrooms | $169.9K | $196.2K | +15.5% |
| 3 Bedrooms | $277K | $276K | -0.4% |
| 4 Bedrooms | $289K | $346.9K | +20.0% |
| 5+ Bedrooms | $210K | $396.4K | +88.8% |
Summary: 18229 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 increased by 15.5%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 88.8%.
Housing Supply in 18229, PA
How many homes are available in 18229, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The 18229 real estate market had 53 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 29 | 31 | +6.9% |
| 4 Bedrooms | 16 | 11 | -31.3% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 18229 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 6.9%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18229, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 18229 in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 18229, PA
How long does it take to sell a home in 18229, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 30 Days | -25.3% |
Summary: Homes in 18229 had an average of 30 days on market in Oct 2024, down by 25.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 18229 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 18229; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
