Is 19073, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19073 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 19073 was a Seller's Market.

Key Takeaway

19073 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 19073, PA

How much do homes in 19073, PA cost?

Median Sold Price

$725,000

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$62,500(+9.4%)

Key Takeaway

Homes in 19073 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 19073 was $725,000 in March 2024, up 9.4% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $169K$313.7K
+85.7%
2 $287.5K$349.9K
+21.7%
3 $586K$580K
-1.0%
4 $689.7K$900K
+30.5%
5+ $1.2M$1.4M
+21.0%

Summary: 19073 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.7%, 2 bedroom homes increased by 21.7%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes increased by 21%.

Median Sold Price Compared To Nearby Zip Codes

19008
+17.5%
19333
+16.0%
19073
+9.4%
19312
+2.8%
19063
+1.8%

Housing Supply in 19073, PA

How many homes are available in 19073, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
124139+12.1%

Summary: The 19073 real estate market had 139 homes for sale in March 2024, a 12.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1211
-8.3%
3 4954
+10.2%
4 2938
+31.0%
5+ 3234
+6.3%

Summary: The 19073 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 8.3%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
920+122.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19073, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 19073 in March 2024, up by 122.2% month-over-month. Of the 20 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.

Days on Market for 19073, PA

How long does it take to sell a home in 19073, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
18 Days42 Days+132.5%

Summary: Homes in 19073 had an average of 42 days on market in Mar 2024, up by 132.5% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19073 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 20 homes were sold in 19073; 65% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 25% 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 27 Days Ago

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