Is 18641, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18641 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 18641 has remained a Seller's Market.

Key Takeaway

18641 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18641, PA

How much do homes in 18641, PA cost?

Median Sold Price

$175,500

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$6,500(-3.6%)

Key Takeaway

Homes in 18641 have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in 18641 was $175,500 in December 2024, down 3.6% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $73K-
N/A
2 -$121.7K
N/A
3 $182K$225K
+23.6%
4 $242.5K$193.5K
-20.2%
5+ -$172.5K
N/A

Summary: 18641 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 23.6%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

18507
+14.7%
18641
-3.6%
18640
-36.8%

Housing Supply in 18641, PA

How many homes are available in 18641, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
84-50.0%

Summary: The 18641 real estate market had 4 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 51
-80.0%
4 00
0.0%
5+ 22
0.0%

Summary: The 18641 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 remained the same, 3 bedroom homes decreased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 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 18641, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 18641 in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 18641, PA

How long does it take to sell a home in 18641, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
69 Days23 Days-67.0%

Summary: Homes in 18641 had an average of 23 days on market in Dec 2024, down by 67% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 18641 has remained consistent over time.

Summary: During December 2024, 3 homes were sold in 18641; 33% of homes were sold within 30 days, 67% 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 4 Days Ago

Newest Listings in 18641, PA

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