Is 19040, 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, 19040 was a Neutral Market.
Housing Prices in 19040, PA
How much do homes in 19040, PA cost?
Median Sold Price
$412,500
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19040 was $412,500 in March 2024, up 3.1% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $176K | N/A |
2 Bedrooms | $192K | $228K | +18.8% |
3 Bedrooms | $375.5K | $389.9K | +3.8% |
4 Bedrooms | $455K | $467.5K | +2.7% |
5+ Bedrooms | $454.5K | $565K | +24.3% |
Summary: 19040 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 18.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 24.3%.
Housing Supply in 19040, PA
How many homes are available in 19040, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 45 | 0.0% |
Summary: The 19040 real estate market had 45 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 | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 23 | 21 | -8.7% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 19040 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 decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 19040 in March 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 19040, PA
How long does it take to sell a home in 19040, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 11 Days | +54.8% |
Summary: Homes in 19040 had an average of 11 days on market in Mar 2024, up by 54.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 19040; 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.