Is 18301, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18301 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 18301 was a Seller's Market.

Key Takeaway

18301 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 18301, PA

How much do homes in 18301, PA cost?

Median Sold Price

$339,450

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,500(+8.5%)

Key Takeaway

Homes in 18301 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 18301 was $339,450 in October 2024, up 8.5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $203K$156K
-23.2%
2 $205K$230K
+12.2%
3 $265K$324.5K
+22.5%
4 $390K$360K
-7.7%
5+ $410K$480K
+17.1%

Summary: 18301 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 22.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Zip Codes

18301
+8.5%
18302
+1.9%

Housing Supply in 18301, PA

How many homes are available in 18301, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3033+10.0%

Summary: The 18301 real estate market had 33 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 119
-18.2%
4 1014
+40.0%
5+ 79
+28.6%

Summary: The 18301 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 decreased by 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18301, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 18301 in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 18301, PA

How long does it take to sell a home in 18301, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days28 Days+85.2%

Summary: Homes in 18301 had an average of 28 days on market in Oct 2024, up by 85.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 18301 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 18301; 40% of homes were sold within 30 days, 60% 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 14 Days Ago

Newest Listings in 18301, PA

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