Is 18914, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18914 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 18914 has remained a Seller's Market.

Key Takeaway

18914 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18914, PA

How much do homes in 18914, PA cost?

Median Sold Price

$548,300

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,700(-1.9%)

Key Takeaway

Homes in 18914 have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in 18914 was $548,300 in October 2024, down 1.9% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$228K
N/A
2 $291K$294.7K
+1.3%
3 $483.7K$475K
-1.8%
4 $632.5K$727.2K
+15.0%
5+ $950K$675K
-28.9%

Summary: 18914 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 1.3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 28.9%.

Median Sold Price Compared To Nearby Zip Codes

19440
0.5%
18976
0.2%
18901
-1.7%
18914
-1.9%

Housing Supply in 18914, PA

How many homes are available in 18914, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7666-13.2%

Summary: The 18914 real estate market had 66 homes for sale in October 2024, a 13.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 4133
-19.5%
4 2523
-8.0%
5+ 99
0.0%

Summary: The 18914 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 19.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2017-15.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18914, you could pay more than the asking price. 64.7% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 18914 in October 2024, down by 15.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 12% were sold at asking, and 65% were sold over asking.

Days on Market for 18914, PA

How long does it take to sell a home in 18914, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days19 Days-22.1%

Summary: Homes in 18914 had an average of 19 days on market in Oct 2024, down by 22.1% compared to last year.

Breakdown of Home Sale Times

13 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

Many homes in 18914 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 18914; 76% of homes were sold within 30 days, 24% 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 20 Days Ago

Newest Listings in 18914, PA

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