Is 18324, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18324 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 18324 has remained a Seller'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

$260,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,500(+11.8%)

Key Takeaway

Homes in 18324 have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in 18324 was $260,000 in October 2024, up 11.8% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$156.5K
N/A
2 $115K$275K
+139.1%
3 $232K$225.9K
-2.6%
4 $308.7K$310K
0.4%
5+ $270K$363.2K
+34.5%

Summary: 18324 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 139.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 34.5%.

Median Sold Price Compared To Nearby Zip Codes

18324
+11.8%
18302
+1.9%

Housing Supply in 18324, PA

How many homes are available in 18324, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4342-2.3%

Summary: The 18324 real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2022
+10.0%
4 1210
-16.7%
5+ 87
-12.5%

Summary: The 18324 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18324, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 18324 in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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

Oct 2023Oct 2024CHANGE
80 Days80 Days-0.1%

Summary: Homes in 18324 had an average of 80 days on market in Oct 2024, down by 0.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 18324 has remained consistent over time.

Summary: During October 2024, 9 homes were sold in 18324; 0% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 44% 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 23 Days Ago

Newest Listings in 18324, PA

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