$8,776 Closing Credit*
$739,000
1,754 SqFt
4 Beds
•2 Full Baths
Megan B Waits, Listing Office: Addison Wolfe Real Estate
Is 18947, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 18947 was a Seller's Market.
Key Takeaway
18947 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 18947, PA
How much do homes in 18947, PA cost?
Median Sold Price
$615,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$71,398(+13.1%)
Key Takeaway
Homes in 18947 have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in 18947 was $615,000 in October 2024, up 13.1% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $505K | - | N/A |
| 2 Bedrooms | $444.5K | $1.1M | +157.0% |
| 3 Bedrooms | $519.5K | $468.2K | -9.9% |
| 4 Bedrooms | $692K | $690K | -0.3% |
| 5+ Bedrooms | $795.5K | $921K | +15.8% |
Summary: 18947 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 157%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 15.8%.
Housing Supply in 18947, PA
How many homes are available in 18947, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 33 | +37.5% |
Summary: The 18947 real estate market had 33 homes for sale in October 2024, a 37.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 3 | 7 | +133.3% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 18947 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 increased by 200%, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18947, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 18947 in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 18947, PA
How long does it take to sell a home in 18947, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 20 Days | -7.6% |
Summary: Homes in 18947 had an average of 20 days on market in Oct 2024, down by 7.6% 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 18947 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 18947; 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.
