Is 18942, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18942 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 18942 has remained a Buyer's Market.

Key Takeaway

18942 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 18942, PA

How much do homes in 18942, PA cost?

Median Sold Price

$435,500

$256/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$90,500(+26.2%)

Key Takeaway

Homes in 18942 have sold for 26.2% more than they did a month ago.

Summary: The median home sold price in 18942 was $435,500 in October 2024, up 26.2% from last month, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $345K$401K
+16.2%
4 -$470K
N/A
5+ --
N/A

Summary: 18942 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

18942
+26.2%
18920
-18.1%
18930
-22.5%

Housing Supply in 18942, PA

How many homes are available in 18942, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
16160.0%

Summary: The 18942 real estate market had 16 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 97
-22.2%
4 56
+20.0%
5+ 01
+100.0%

Summary: The 18942 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 22.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18942, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 18942 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 18942, PA

How long does it take to sell a home in 18942, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
9 Days38 Days+322.2%

Summary: Homes in 18942 had an average of 38 days on market in Oct 2024, up by 322.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 18942 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 18942; 50% of homes were sold within 30 days, 50% 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 14 Days Ago

Newest Listings in 18942, PA

Nearby Markets to 18942, PA