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

Last month, 18372 was a Neutral 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

$357,500

$181/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$70,000(+24.3%)

Key Takeaway

Homes in 18372 have sold for 24.3% more than they did a month ago.

Summary: The median home sold price in 18372 was $357,500 in October 2024, up 24.3% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $213.7K-
N/A
3 -$345K
N/A
4 $395K$370K
-6.3%
5+ --
N/A

Summary: 18372 housing prices by bedroom type for October 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 6.3%, and 5+ bedroom homes did not change.

Housing Supply in 18372, PA

How many homes are available in 18372, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18180.0%

Summary: The 18372 real estate market had 18 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 78
+14.3%
4 65
-16.7%
5+ 24
+100.0%

Summary: The 18372 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 66.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 18372 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Sep 2024Oct 2024CHANGE
84 Days22 Days-73.9%

Summary: Homes in 18372 had an average of 22 days on market in Oct 2024, down by 73.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was 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 October 2024, 2 homes were sold in 18372; 50% of homes were sold within 30 days, 50% 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 18372, PA

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