Is 18603, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18603 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 18603 has remained a Seller's Market.

Key Takeaway

18603 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18603, PA

How much do homes in 18603, PA cost?

Median Sold Price

$193,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,000(+13.5%)

Key Takeaway

Homes in 18603 have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in 18603 was $193,000 in December 2024, up 13.5% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $83.5K$136K
+62.9%
2 $138.5K$154K
+11.2%
3 $176.5K$202K
+14.4%
4 $237.5K$205K
-13.7%
5+ $155K$193K
+24.5%

Summary: 18603 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.9%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 24.5%.

Median Sold Price Compared To Nearby Zip Codes

18603
+13.5%
17815
+10.5%

Housing Supply in 18603, PA

How many homes are available in 18603, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4446+4.5%

Summary: The 18603 real estate market had 46 homes for sale in December 2024, a 4.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 66
0.0%
3 2526
+4.0%
4 88
0.0%
5+ 55
0.0%

Summary: The 18603 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18603, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 18603 in December 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for 18603, PA

How long does it take to sell a home in 18603, PA?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 18603 has remained consistent over time.

Summary: During December 2024, 11 homes were sold in 18603; 0% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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 6 Days Ago

Newest Listings in 18603, PA

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