Is 19038, 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, 19038 has remained a Seller's Market.
Housing Prices in 19038, PA
How much do homes in 19038, PA cost?
Median Sold Price
$446,500
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19038 was $446,500 in March 2024, up 8.2% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $126K | N/A |
2 Bedrooms | $287.5K | $315K | +9.6% |
3 Bedrooms | $375K | $415K | +10.7% |
4 Bedrooms | $477.6K | $500K | +4.7% |
5+ Bedrooms | $570K | $640K | +12.3% |
Summary: 19038 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 9.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Zip Codes
19038 | $412.6K | $446.5K | +8.2% |
19075 | $420.7K | $440K | +4.6% |
19150 | $245K | $256.2K | +4.6% |
19031 | $525K | $515K | -1.9% |
19095 | $410K | $400K | -2.4% |
Housing Supply in 19038, PA
How many homes are available in 19038, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
95 | 95 | 0.0% |
Summary: The 19038 real estate market had 95 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 41 | 40 | -2.4% |
4 Bedrooms | 27 | 28 | +3.7% |
5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The 19038 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 40%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 19038 in March 2024, up by 35.7% month-over-month. Of the 19 sold homes, 32% were sold under asking, 21% were sold at asking, and 47% were sold over asking.
Days on Market for 19038, PA
How long does it take to sell a home in 19038, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 20 Days | -63.1% |
Summary: Homes in 19038 had an average of 20 days on market in Mar 2024, down by 63.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 19038; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.