Is 19032, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19032 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 19032 was a Seller's Market.

Key Takeaway

19032 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19032, PA

How much do homes in 19032, PA cost?

Median Sold Price

$200,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$7,250(-3.5%)

Key Takeaway

Homes in 19032 have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in 19032 was $200,000 in March 2024, down 3.5% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$129.9K
N/A
2 $152.4K$181K
+18.7%
3 $205K$200K
-2.4%
4 $230K$205K
-10.9%
5+ $270K-
N/A

Summary: 19032 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 increased by 18.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19079
+18.5%
19036
+2.3%
19153
+2.0%
19032
-3.5%
19074
-5.3%

Housing Supply in 19032, PA

How many homes are available in 19032, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3239+21.9%

Summary: The 19032 real estate market had 39 homes for sale in March 2024, a 21.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2531
+24.0%
4 24
+100.0%
5+ 11
0.0%

Summary: The 19032 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 25%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19032, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 19032 in March 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 19032, PA

How long does it take to sell a home in 19032, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
62 Days11 Days-81.5%

Summary: Homes in 19032 had an average of 11 days on market in Mar 2024, down by 81.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19032 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 19032; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 19032, PA

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