$2,838 Closing Credit*
$239,000
1,657 SqFt
3 Beds
•1 Full Bath
Listing Office: Weichert Realtors
Is 18324, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 18324 was a Buyer's Market.
Key Takeaway
18324 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18324, PA
How much do homes in 18324, PA cost?
Median Sold Price
$263,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$29,550(+12.7%)
Key Takeaway
Homes in 18324 have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in 18324 was $263,000 in December 2024, up 12.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $156.5K | N/A |
| 2 Bedrooms | $115K | $370K | +221.7% |
| 3 Bedrooms | $232K | $229.9K | -0.9% |
| 4 Bedrooms | $273.7K | $316.5K | +15.6% |
| 5+ Bedrooms | $270K | $350K | +29.6% |
Summary: 18324 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 221.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 29.6%.
Housing Supply in 18324, PA
How many homes are available in 18324, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Summary: The 18324 real estate market had 29 homes for sale in December 2024, a 12.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 18324 housing inventory by bedroom type for December 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 17.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 18324, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 18324 in December 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for 18324, PA
How long does it take to sell a home in 18324, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 22 Days | 70 Days | +218.2% |
Summary: Homes in 18324 had an average of 70 days on market in Dec 2024, up by 218.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 18324 has remained consistent over time.
Summary: During December 2024, 6 homes were sold in 18324; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.