$164,900
2.40 Acres
Land
Pawel Wojdalski, Listing Office: Iron Valley Real Estate Doylestown
Is 18942, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 18942 has remained a Seller's Market.
Key Takeaway
18942 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18942, PA
How much do homes in 18942, PA cost?
Median Sold Price
$600,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+0.8%)
Key Takeaway
Homes in 18942 have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in 18942 was $600,000 in November 2024, up 0.8% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | - | N/A |
| 2 Bedrooms | $550K | - | N/A |
| 3 Bedrooms | $456.9K | $580K | +26.9% |
| 4 Bedrooms | $750K | $866.9K | +15.6% |
| 5+ Bedrooms | $759.5K | $949.9K | +25.1% |
Summary: 18942 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 25.1%.
Median Sold Price Compared To Nearby Zip Codes
| 18947 | $539.9K | $701.5K | +29.9% |
| 18942 | $595K | $600K | +0.8% |
Housing Supply in 18942, PA
How many homes are available in 18942, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The 18942 real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 18942 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 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 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 18942, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 18942 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 23 Days | -41.0% |
Summary: Homes in 18942 had an average of 23 days on market in Nov 2024, down by 41% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18942 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 18942; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
