$3,799 Closing Credit*
$319,900
1,759 SqFt
3 Beds
•2 Full Baths
Listing Office: Realty 365
Is 18240, 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, 18240 has remained a Seller's Market.
Key Takeaway
18240 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18240, PA
How much do homes in 18240, PA cost?
Median Sold Price
$159,900
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,900(+3.2%)
Key Takeaway
Homes in 18240 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 18240 was $159,900 in October 2024, up 3.2% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $67K | $115K | +71.6% |
| 3 Bedrooms | $155K | $159.9K | +3.2% |
| 4 Bedrooms | $252.2K | $169.9K | -32.6% |
| 5+ Bedrooms | $90.5K | $167.4K | +85.0% |
Summary: 18240 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 71.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 32.6%, and 5+ bedroom homes increased by 85%.
Median Sold Price Compared To Nearby Zip Codes
| 18250 | $113K | $130K | +15.0% |
| 18232 | $76K | $85K | +11.8% |
| 18240 | $155K | $159.9K | +3.2% |
Housing Supply in 18240, PA
How many homes are available in 18240, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Summary: The 18240 real estate market had 16 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 18240 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 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18240, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 18240 in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for 18240, PA
How long does it take to sell a home in 18240, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 32 Days | +265.1% |
Summary: Homes in 18240 had an average of 32 days on market in Oct 2024, up by 265.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 18240 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 18240; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
