$4,036 Closing Credit*
$339,900
Mark J Gallagher, Listing Office: Coldwell Banker Hearthside-Allentown
Is 18252, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 18252 was a Seller's Market.
Key Takeaway
18252 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 18252, PA
How much do homes in 18252, PA cost?
Median Sold Price
$140,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+12.0%)
Key Takeaway
Homes in 18252 have sold for 12% more than they did a year ago.
Summary: The median home sold price in 18252 was $140,000 in October 2024, up 12% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | $105K | +16.7% |
| 3 Bedrooms | $110K | $137.5K | +25.0% |
| 4 Bedrooms | $140K | $165K | +17.9% |
| 5+ Bedrooms | $109.5K | $110K | 0.5% |
Summary: 18252 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 16.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 18252, PA
How many homes are available in 18252, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 58 | +20.8% |
Summary: The 18252 real estate market had 58 homes for sale in October 2024, a 20.8% increase 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 | 5 | 8 | +60.0% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The 18252 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 increased by 60%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18252, 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 18252 in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for 18252, PA
How long does it take to sell a home in 18252, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 13 Days | -28.0% |
Summary: Homes in 18252 had an average of 13 days on market in Oct 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18252 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 18252; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
