Is 19038, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$441,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 19038 was $441,000 in April 2024, up 3.8% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $126K | N/A |
2 Bedrooms | $285K | $332K | +16.5% |
3 Bedrooms | $384.7K | $415K | +7.9% |
4 Bedrooms | $485K | $498K | +2.7% |
5+ Bedrooms | $580K | $600K | +3.4% |
Summary: 19038 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Zip Codes
19075 | $420.7K | $457.5K | +8.7% |
19150 | $249.9K | $260K | +4.0% |
19038 | $425K | $441K | +3.8% |
19031 | $517.5K | $527.5K | +1.9% |
19095 | $410K | $410K | 0.0% |
Housing Supply in 19038, PA
How many homes are available in 19038, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 57 | -12.3% |
Summary: The 19038 real estate market had 57 homes for sale in April 2024, a 12.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 29 | 26 | -10.3% |
4 Bedrooms | 23 | 17 | -26.1% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 19038 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 19038 in April 2024, down by 18.2% month-over-month. Of the 18 sold homes, 28% were sold under asking, 11% were sold at asking, and 61% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 17 Days | +40.0% |
Summary: Homes in 19038 had an average of 17 days on market in Apr 2024, up by 40% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 19038; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.