Is 19023, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 19023 was a Neutral Market.
Housing Prices in 19023, PA
How much do homes in 19023, PA cost?
Median Sold Price
$174,450
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19023 was $174,450 in March 2024, up 10.3% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | - | N/A |
2 Bedrooms | $115K | $113K | -1.7% |
3 Bedrooms | $155K | $170K | +9.7% |
4 Bedrooms | $204K | $228.5K | +12.0% |
5+ Bedrooms | $196.2K | $127.5K | -35.0% |
Summary: 19023 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 35%.
Housing Supply in 19023, PA
How many homes are available in 19023, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
168 | 178 | +6.0% |
Summary: The 19023 real estate market had 178 homes for sale in March 2024, a 6.0% 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 | 15 | 15 | 0.0% |
3 Bedrooms | 128 | 140 | +9.4% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 19023 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 remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 20 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 19023 in March 2024, up by 33.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 19023, PA
How long does it take to sell a home in 19023, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 40 Days | +36.2% |
Summary: Homes in 19023 had an average of 40 days on market in Mar 2024, up by 36.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 19023; 75% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.