Is 17019, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 17019 was a Seller's Market.
Key Takeaway
17019 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 17019, PA
How much do homes in 17019, PA cost?
Median Sold Price
$350,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 17019 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 17019 was $350,000 in April 2024, down 1.5% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $187K | -11.0% |
| 3 Bedrooms | $300K | $304.5K | +1.5% |
| 4 Bedrooms | $420K | $425K | +1.2% |
| 5+ Bedrooms | $436.2K | $471K | +8.0% |
Summary: 17019 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Zip Codes
| 17055 | $304K | $335.7K | +10.4% |
| 17007 | $387K | $388.5K | 0.4% |
| 17019 | $355.2K | $350K | -1.5% |
Housing Supply in 17019, PA
How many homes are available in 17019, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 33 | -21.4% |
Summary: The 17019 real estate market had 33 homes for sale in April 2024, a 21.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 0 | -100.0% |
| 3 Bedrooms | 18 | 12 | -33.3% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 17019 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 5 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17019, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 17019 in April 2024, down by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 17019, PA
How long does it take to sell a home in 17019, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 29 Days | +90.7% |
Summary: Homes in 17019 had an average of 29 days on market in Apr 2024, up by 90.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17019 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 17019; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
