18051 Zip Code Real Estate Market Reaches Weakness in New Listings

Over the last 30 days, a determined downward trend of new sellers coming into the 18051 zip code market continued, with zero listings in this week's report. Meanwhile, sales dropped, with two homes selling during the same period. As the amount of new listings trended lower, prices went the opposite direction with the median sales price setting a three-month high at $420,000. With such low levels of inventory, the 18051 zip code is still a definite seller's market, in spite of the dip in sales.

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Demographic facts about the 18051 zip code:

  • The average elevation in this area is 641 feet.
  • The median income per household is $73,864 in the area.
  • There are 431 students for every counselor. (513 = national average)

Data reported through 10/12/2016

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