Is 19044, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19044 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 19044 has remained a Seller's Market.

Key Takeaway

19044 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19044, PA

How much do homes in 19044, PA cost?

Median Sold Price

$403,000

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$43,000(+11.9%)

Key Takeaway

Homes in 19044 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 19044 was $403,000 in April 2024, up 11.9% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$222.5K
N/A
2 $269K$300K
+11.5%
3 $374.2K$403K
+7.7%
4 $535K$590K
+10.3%
5+ $465K$625K
+34.4%

Summary: 19044 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 11.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 34.4%.

Median Sold Price Compared To Nearby Zip Codes

19044
+11.9%
19002
+11.7%
18976
+11.3%
19090
+8.1%
19040
+7.9%

Housing Supply in 19044, PA

How many homes are available in 19044, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2633+26.9%

Summary: The 19044 real estate market had 33 homes for sale in April 2024, a 26.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1415
+7.1%
4 58
+60.0%
5+ 14
+300.0%

Summary: The 19044 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 remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19044, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 19044 in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for 19044, PA

How long does it take to sell a home in 19044, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days8 Days+90.0%

Summary: Homes in 19044 had an average of 8 days on market in Apr 2024, up by 90% compared to last year.

Breakdown of Home Sale Times

7 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 19044 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in 19044; 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 Apr 1, 2024

Newest Listings in 19044, PA

Nearby Markets to 19044, PA