Is 19018, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 19018 was a Seller's Market.
Housing Prices in 19018, PA
How much do homes in 19018, PA cost?
Median Sold Price
$243,333
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 19018 was $243,333 in February 2024, up 5.8% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98.5K | $129K | +31.0% |
2 Bedrooms | $195K | $169.2K | -13.2% |
3 Bedrooms | $225K | $240K | +6.7% |
4 Bedrooms | $316K | $310K | -1.9% |
5+ Bedrooms | $310K | $370K | +19.4% |
Summary: 19018 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 19.4%.
Housing Supply in 19018, PA
How many homes are available in 19018, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
86 | 100 | +16.3% |
Summary: The 19018 real estate market had 100 homes for sale in February 2024, a 16.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 50 | 61 | +22.0% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 19018 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 22%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 19018 in February 2024, down by 7.1% month-over-month. Of the 13 sold homes, 54% were sold under asking, 8% were sold at asking, and 38% were sold over asking.
Days on Market for 19018, PA
How long does it take to sell a home in 19018, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
28 Days | 20 Days | -27.0% |
Summary: Homes in 19018 had an average of 20 days on market in Feb 2024, down by 27% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 13 homes were sold in 19018; 62% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.