Is 18372, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18372 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 18372 has remained a Buyer's Market.

Key Takeaway

18372 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 18372, PA

How much do homes in 18372, PA cost?

Median Sold Price

$268,000

$156/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$89,500(-25.0%)

Key Takeaway

Homes in 18372 have sold for 25% less than they did a month ago.

Summary: The median home sold price in 18372 was $268,000 in November 2024, down 25% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $345K-
N/A
4 $370K$268K
-27.6%
5+ --
N/A

Summary: 18372 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 27.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

18321
+7.9%
18372
-25.0%

Housing Supply in 18372, PA

How many homes are available in 18372, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1823+27.8%

Summary: The 18372 real estate market had 23 homes for sale in November 2024, a 27.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 58
+60.0%
4 79
+28.6%
5+ 55
0.0%

Summary: The 18372 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 remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18372, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 18372 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 18372, PA

How long does it take to sell a home in 18372, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
22 Days16 Days-27.3%

Summary: Homes in 18372 had an average of 16 days on market in Nov 2024, down by 27.3% compared to last month.

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 18372 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 18372; 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 17 Days Ago

Newest Listings in 18372, PA

Nearby Markets to 18372, PA