Is 18964, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 18964 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 18964 has remained a Seller's Market.

Key Takeaway

18964 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 18964, PA

How much do homes in 18964, PA cost?

Median Sold Price

$435,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,100(+8.8%)

Key Takeaway

Homes in 18964 have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in 18964 was $435,000 in October 2024, up 8.8% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $465K$465K
0.0%
3 $362.5K$410K
+13.1%
4 $500K$485K
-3.0%
5+ $503K$528K
+5.0%

Summary: 18964 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 did not change, 3 bedroom homes increased by 13.1%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Zip Codes

18969
+10.8%
18964
+8.8%
19438
+2.3%
19440
0.5%
18960
-7.7%

Housing Supply in 18964, PA

How many homes are available in 18964, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3228-12.5%

Summary: The 18964 real estate market had 28 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2017
-15.0%
4 910
+11.1%
5+ 20
-100.0%

Summary: The 18964 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 15%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1610-37.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 18964, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 18964 in October 2024, down by 37.5% month-over-month. Of the 10 sold homes, 10% were sold under asking, 20% were sold at asking, and 70% were sold over asking.

Days on Market for 18964, PA

How long does it take to sell a home in 18964, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days12 Days+54.8%

Summary: Homes in 18964 had an average of 12 days on market in Oct 2024, up by 54.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were 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 18964 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 18964; 90% of homes were sold within 30 days, 10% 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 23 Days Ago

Newest Listings in 18964, PA

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