$3,800 Closing Credit*
$320,000
2 Beds
•2 Full Baths
Leigh M Nunno, Listing Office: Iron Valley Real Estate Doylestown
Is 18938, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 18938 was a Neutral Market.
Key Takeaway
18938 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18938, PA
How much do homes in 18938, PA cost?
Median Sold Price
$940,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$141,250(+17.7%)
Key Takeaway
Homes in 18938 have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in 18938 was $940,000 in November 2024, up 17.7% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $317.5K | $329K | +3.6% |
| 2 Bedrooms | $493K | $607.5K | +23.2% |
| 3 Bedrooms | $650K | $840K | +29.2% |
| 4 Bedrooms | $1.0M | $1.0M | -1.4% |
| 5+ Bedrooms | $1.9M | $1.8M | -5.2% |
Summary: 18938 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 23.2%, 3 bedroom homes increased by 29.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Zip Codes
| 18938 | $798.7K | $940K | +17.7% |
| 18902 | $675K | $725K | +7.4% |
Housing Supply in 18938, PA
How many homes are available in 18938, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 88 | -2.2% |
Summary: The 18938 real estate market had 88 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 37 | 35 | -5.4% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The 18938 housing inventory by bedroom type for November 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 5.3%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 23 | +35.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18938, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 18938 in November 2024, up by 35.3% month-over-month. Of the 23 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% were sold over asking.
Days on Market for 18938, PA
How long does it take to sell a home in 18938, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 40 Days | -27.5% |
Summary: Homes in 18938 had an average of 40 days on market in Nov 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18938 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in 18938; 48% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
