Is 19078, 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, 19078 was a Buyer's Market.
Housing Prices in 19078, PA
How much do homes in 19078, PA cost?
Median Sold Price
$297,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19078 was $297,500 in March 2024, up 6.3% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.9K | $130K | +0.8% |
2 Bedrooms | $240.5K | $220K | -8.5% |
3 Bedrooms | $270K | $290K | +7.4% |
4 Bedrooms | $290K | $365K | +25.9% |
5+ Bedrooms | $375K | $396K | +5.6% |
Summary: 19078 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Zip Codes
19033 | $280K | $330K | +17.9% |
19076 | $261K | $283.2K | +8.5% |
19078 | $280K | $297.5K | +6.3% |
19022 | $186K | $180K | -3.2% |
Housing Supply in 19078, PA
How many homes are available in 19078, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 28 | +40.0% |
Summary: The 19078 real estate market had 28 homes for sale in March 2024, a 40.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 13 | 16 | +23.1% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 19078 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 13 | +550.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 19078 in March 2024, up by 550.0% month-over-month. Of the 13 sold homes, 15% were sold under asking, 38% were sold at asking, and 46% were sold over asking.
Days on Market for 19078, PA
How long does it take to sell a home in 19078, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 16 Days | -66.6% |
Summary: Homes in 19078 had an average of 16 days on market in Mar 2024, down by 66.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 19078; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.