$5,047 Closing Credit*
$425,000
3,750 SqFt
4 Beds
•3 Full Baths, 1 Partial
#SC6178, Listing Office: Keller Williams Real Estate
Is 18801, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 18801 was a Seller's Market.
Key Takeaway
18801 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 18801, PA
How much do homes in 18801, PA cost?
Median Sold Price
$260,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$32,500(+14.3%)
Key Takeaway
Homes in 18801 have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in 18801 was $260,000 in December 2024, up 14.3% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96K | $1.2M | +1150.0% |
| 2 Bedrooms | $169.9K | $195K | +14.8% |
| 3 Bedrooms | $202.4K | $242.5K | +19.8% |
| 4 Bedrooms | $380K | $267.5K | -29.6% |
| 5+ Bedrooms | $425K | $355K | -16.5% |
Summary: 18801 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1150%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 19.8%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes decreased by 16.5%.
Housing Supply in 18801, PA
How many homes are available in 18801, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Summary: The 18801 real estate market had 13 homes for sale in December 2024, a 13.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 18801 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 18801, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 18801 in December 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 18801, PA
How long does it take to sell a home in 18801, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 21 Days | 6 Days | -71.4% |
Summary: Homes in 18801 had an average of 6 days on market in Dec 2024, down by 71.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18801 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 18801; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.