Is 18250, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18250 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 18250 was a Seller's Market.

Key Takeaway

18250 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 18250, PA

How much do homes in 18250, PA cost?

Median Sold Price

$130,000

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,000(+15.0%)

Key Takeaway

Homes in 18250 have sold for 15% more than they did a year ago.

Summary: The median home sold price in 18250 was $130,000 in November 2024, up 15% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $136K$118.7K
-12.7%
3 $113K$130K
+15.0%
4 $95K$143K
+50.5%
5+ $164.9K$129.2K
-21.6%

Summary: 18250 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 50.5%, and 5+ bedroom homes decreased by 21.6%.

Median Sold Price Compared To Nearby Zip Codes

18235
+22.1%
18250
+15.0%
18252
+11.9%
18232
+8.9%
18240
0%

Housing Supply in 18250, PA

How many homes are available in 18250, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2617-34.6%

Summary: The 18250 real estate market had 17 homes for sale in November 2024, a 34.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 136
-53.8%
4 85
-37.5%
5+ 23
+50.0%

Summary: The 18250 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 remained the same, 3 bedroom homes decreased by 53.8%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
122-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18250, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 18250 in November 2024, down by 83.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 18250, PA

How long does it take to sell a home in 18250, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days53 Days+26.2%

Summary: Homes in 18250 had an average of 53 days on market in Nov 2024, up by 26.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 18250 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 18250; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in 18250, PA

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