$9,322 Closing Credit*
$785,000
1,985 SqFt
3 Beds
•3 Full Baths
#SC6483, Listing Office: ERA One Source Realty
Is 18470, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 18470 was a Seller's Market.
Key Takeaway
18470 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 18470, PA
How much do homes in 18470, PA cost?
Median Sold Price
$688,250
$155/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$383,250(+125.7%)
Key Takeaway
Homes in 18470 have sold for 125.7% more than they did a month ago.
Summary: The median home sold price in 18470 was $688,250 in December 2024, up 125.7% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | - | N/A |
| 3 Bedrooms | $197.5K | - | N/A |
| 4 Bedrooms | $387.5K | $688.2K | +77.6% |
| 5+ Bedrooms | $830K | - | N/A |
Summary: 18470 housing prices by bedroom type for December 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 increased by 77.6%, and 5+ bedroom homes did not change.
Housing Supply in 18470, PA
How many homes are available in 18470, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Summary: The 18470 real estate market had 6 homes for sale in December 2024, a 45.5% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 18470 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 decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18470, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 18470 in December 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 18470, PA
How long does it take to sell a home in 18470, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 53 Days | 124 Days | +132.2% |
Summary: Homes in 18470 had an average of 124 days on market in Dec 2024, up by 132.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 18470 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in 18470; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.