Is 18657, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18657 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 18657 was a Neutral Market.

Key Takeaway

18657 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18657, PA

How much do homes in 18657, PA cost?

Median Sold Price

$259,950

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$30,028(+13.1%)

Key Takeaway

Homes in 18657 have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in 18657 was $259,950 in December 2024, up 13.1% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $125K$65K
-48.0%
2 $220K$280K
+27.3%
3 $229.9K$232.5K
+1.1%
4 $291.5K$270K
-7.4%
5+ $373.2K$327K
-12.4%

Summary: 18657 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 12.4%.

Median Sold Price Compared To Nearby Zip Codes

18419
+16.6%
18657
+13.1%

Housing Supply in 18657, PA

How many homes are available in 18657, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2422-8.3%

Summary: The 18657 real estate market had 22 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 1110
-9.1%
4 32
-33.3%
5+ 23
+50.0%

Summary: The 18657 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

5 Homes Were 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 18657, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 18657 in December 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 18657, PA

How long does it take to sell a home in 18657, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
36 Days40 Days+11.1%

Summary: Homes in 18657 had an average of 40 days on market in Dec 2024, up by 11.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 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 18657 has remained consistent over time.

Summary: During December 2024, 6 homes were sold in 18657; 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 6 Days Ago

Newest Listings in 18657, PA

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