Is 19075, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19075 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 19075 has remained a Seller's Market.

Key Takeaway

19075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19075, PA

How much do homes in 19075, PA cost?

Median Sold Price

$457,500

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,750(+8.7%)

Key Takeaway

Homes in 19075 have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in 19075 was $457,500 in April 2024, up 8.7% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$314.5K
N/A
3 $404.4K$400K
-1.1%
4 $429.5K$537.5K
+25.1%
5+ $475K$518.7K
+9.2%

Summary: 19075 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 did not change, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes increased by 9.2%.

Median Sold Price Compared To Nearby Zip Codes

19075
+8.7%
19038
+3.8%
19031
+1.9%
19034
+0.8%
19025
-6.5%

Housing Supply in 19075, PA

How many homes are available in 19075, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1415+7.1%

Summary: The 19075 real estate market had 15 homes for sale in April 2024, a 7.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 57
+40.0%
4 65
-16.7%
5+ 33
0.0%

Summary: The 19075 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 40%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19075, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 19075 in April 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for 19075, PA

How long does it take to sell a home in 19075, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days4 Days-86.8%

Summary: Homes in 19075 had an average of 4 days on market in Apr 2024, down by 86.8% compared to last year.

Breakdown of Home Sale Times

4 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 19075 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 19075; 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 5 Days Ago

Newest Listings in 19075, PA

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