$5,938 Closing Credit*
$500,000
3,552 SqFt
6 Beds
•3 Full Baths, 1 Partial
Lisa M DePamphilis, Listing Office: BHHS Fox & Roach-New Hope
Is 18902, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 18902 has remained a Seller's Market.
Key Takeaway
18902 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18902, PA
How much do homes in 18902, PA cost?
Median Sold Price
$725,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+7.4%)
Key Takeaway
Homes in 18902 have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in 18902 was $725,000 in October 2024, up 7.4% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | - | N/A |
| 2 Bedrooms | $330.7K | $340K | +2.8% |
| 3 Bedrooms | $510K | $550K | +7.8% |
| 4 Bedrooms | $770K | $775K | +0.6% |
| 5+ Bedrooms | $1.0M | $972.5K | -6.3% |
Summary: 18902 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 6.3%.
Housing Supply in 18902, PA
How many homes are available in 18902, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 72 | -2.7% |
Summary: The 18902 real estate market had 72 homes for sale in October 2024, a 2.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 38 | 41 | +7.9% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 18902 housing inventory by bedroom type for October 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 28.6%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18902, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 18902 in October 2024, down by 23.8% month-over-month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.
Days on Market for 18902, PA
How long does it take to sell a home in 18902, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 19 Days | -57.4% |
Summary: Homes in 18902 had an average of 19 days on market in Oct 2024, down by 57.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 18902 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in 18902; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
