$4,394 Closing Credit*
$370,000
1,554 SqFt
3 Beds
•2 Full Baths, 1 Partial
Rebecca M Reilly, Listing Office: Keller Williams Real Estate - Newtown
Is 18466, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 18466 was a Seller's Market.
Key Takeaway
18466 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 18466, PA
How much do homes in 18466, PA cost?
Median Sold Price
$255,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,250(+7.3%)
Key Takeaway
Homes in 18466 have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in 18466 was $255,000 in October 2024, up 7.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $339.5K | N/A |
| 2 Bedrooms | $197.4K | $207.4K | +5.0% |
| 3 Bedrooms | $237.7K | $245K | +3.0% |
| 4 Bedrooms | $255K | $297.2K | +16.6% |
| 5+ Bedrooms | $317.5K | $369K | +16.2% |
Summary: 18466 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 5%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Zip Codes
| 18466 | $237.7K | $255K | +7.3% |
| 18344 | $290K | $302.5K | +4.3% |
Housing Supply in 18466, PA
How many homes are available in 18466, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 83 | +2.5% |
Summary: The 18466 real estate market had 83 homes for sale in October 2024, a 2.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 48 | 47 | -2.1% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 18466 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 increased by 28.6%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 18466, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 18466 in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 18466, PA
How long does it take to sell a home in 18466, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 38 Days | -12.6% |
Summary: Homes in 18466 had an average of 38 days on market in Oct 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 18466 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 18466; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
