Is 18255, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18255 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 18255 was a Buyer's Market.

Key Takeaway

18255 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18255, PA

How much do homes in 18255, PA cost?

Median Sold Price

$215,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,500(+23.2%)

Key Takeaway

Homes in 18255 have sold for 23.2% more than they did a year ago.

Summary: The median home sold price in 18255 was $215,000 in November 2024, up 23.2% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$133.5K
N/A
2 $109.9K$270K
+145.7%
3 $179K$203.1K
+13.5%
4 $174.1K$145K
-16.7%
5+ -$262.5K
N/A

Summary: 18255 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 increased by 145.7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

18255
+23.2%
18229
+4.0%
18240
0%

Housing Supply in 18255, PA

How many homes are available in 18255, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
37+133.3%

Summary: The 18255 real estate market had 7 homes for sale in November 2024, a 133.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 03
+100.0%
4 11
0.0%
5+ 22
0.0%

Summary: The 18255 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18255, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 18255 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 18255, PA

How long does it take to sell a home in 18255, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days7 Days-12.5%

Summary: Homes in 18255 had an average of 7 days on market in Nov 2024, down by 12.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18255 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 18255; 100% of homes were sold within 30 days, 0% 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 18 Days Ago

Newest Listings in 18255, PA

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