18840 Housing Market Report May 2025•Bradford County, Pennsylvania

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Housing Prices in 18840, PA

How much do homes in 18840, PA cost?

Housing Market Conditions

Is 18840, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

18840 is a Buyer's Market

Difference Since May 2024

At the same time last year, 18840 was a Seller's Market.

Insight

18840 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$195,000$112/SqFt
+$9,851
+5.3%

Based on all homes sold in the last 12 months

Insight

Homes in 18840 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 18840 was $195,000 in May 2025, up 5.3% from last year, and the median price per square foot was $112.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
14892
+26.8%
18840
+5.3%
18810
-6.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1-$135.2K
N/A
2$143.7K$179.2K
+24.7%
3$168.5K$195K
+15.7%
4$220K$204.3K
-7.1%
5$314.3K$492.5K
+56.7%

Summary: 18840 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +24.7%. The home price for 3 bedroom homes increased by +15.7%. The home price for 4 bedroom homes decreased by -7.1%. The home price for 5 bedroom homes increased by +56.7%.

How does 18840, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

18840, PA

Housing supply in 18840, PA

How many homes are available in 18840, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
29Last MonthMay 2025
332 months agoApr 2025
-12.1 %
Change MoMApr – May

Summary: The 18840 real estate market had 29 homes for sale in May 2025, a 12.1 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthMay 2025
152 months agoApr 2025
-73.3 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
110
-100.0%
233
0.0%
31114
+27.3%
41711
-35.3%
511
0.0%

Summary: 18840 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +27.3%. The inventory for 4 bedroom homes decreased by -35.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 18840, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price1 Home

Insight

If you're buying a home in 18840, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 18840 in May 2025, down by 73.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.

Days on Market for 18840, PA

How long does it take to sell a home in 18840, PA?

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
0 DaysThis YearMay 2025
115 Days1 year agoMay 2024
0.0 %
Change YoYMay 2024 – May 2025

Summary: Homes in 18840 had an average listing age of 0 days in May 2025, down by .0% compared to the previous year.

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Newest Listings in 18840, PA

What homes are available in 18840, PA?

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Nearby markets

Nearby markets aren't available for 18840, PA

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MLS Disclaimers and Copyright

Based on information from Northern Mountains of Pennsylvania MLS, for the period 06/01/2023 - 06/01/2025

IDX Information is provided by Northern Mountains of Pennsylvania MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Northern Mountains of Pennsylvania MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 9:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.