Is 19001, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 19001 has remained a Seller's Market.
Key Takeaway
19001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19001, PA
How much do homes in 19001, PA cost?
Median Sold Price
$375,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19001 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 19001 was $375,000 in March 2024, up 4.2% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $95K | -15.2% |
| 2 Bedrooms | $311.5K | $217.5K | -30.2% |
| 3 Bedrooms | $359.9K | $360K | 0.0% |
| 4 Bedrooms | $365.6K | $455K | +24.5% |
| 5+ Bedrooms | $452.5K | $460.5K | +1.8% |
Summary: 19001 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.2%, 2 bedroom homes decreased by 30.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 19001, PA
How many homes are available in 19001, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 43 | +13.2% |
Summary: The 19001 real estate market had 43 homes for sale in March 2024, a 13.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 19001 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19001, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 19001 in March 2024, up by 11.1% month-over-month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.
Days on Market for 19001, PA
How long does it take to sell a home in 19001, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 14 Days | 9 Days | -33.0% |
Summary: Homes in 19001 had an average of 9 days on market in Mar 2024, down by 33% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19001 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in 19001; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
