Is 19083, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 19083 has remained a Seller's Market.
Housing Prices in 19083, PA
How much do homes in 19083, PA cost?
Median Sold Price
$475,666
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19083 was $475,666 in March 2024, up 6.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $148K | +9.6% |
2 Bedrooms | $300K | $178K | -40.7% |
3 Bedrooms | $410K | $450K | +9.8% |
4 Bedrooms | $525K | $562K | +7.0% |
5+ Bedrooms | $620K | $625K | +0.8% |
Summary: 19083 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes decreased by 40.7%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 19083, PA
How many homes are available in 19083, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
107 | 109 | +1.9% |
Summary: The 19083 real estate market had 109 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 52 | 53 | +1.9% |
4 Bedrooms | 37 | 37 | 0.0% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The 19083 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 19083 in March 2024, up by 9.1% month-over-month. Of the 24 sold homes, 8% were sold under asking, 25% were sold at asking, and 67% were sold over asking.
Days on Market for 19083, PA
How long does it take to sell a home in 19083, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
10 Days | 13 Days | +37.9% |
Summary: Homes in 19083 had an average of 13 days on market in Mar 2024, up by 37.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in 19083; 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.