Is 19090, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19090 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 19090 has remained a Seller's Market.

Key Takeaway

19090 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19090, PA

How much do homes in 19090, PA cost?

Median Sold Price

$378,500

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,500(+8.1%)

Key Takeaway

Homes in 19090 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 19090 was $378,500 in April 2024, up 8.1% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $273K$275K
+0.7%
3 $345K$375K
+8.7%
4 $400K$431.5K
+7.9%
5+ $387.5K$460K
+18.7%

Summary: 19090 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 0.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 18.7%.

Median Sold Price Compared To Nearby Zip Codes

19090
+8.1%
19040
+7.9%
19001
+3.6%
19006
-5.5%
19025
-6.5%

Housing Supply in 19090, PA

How many homes are available in 19090, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4560+33.3%

Summary: The 19090 real estate market had 60 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 2033
+65.0%
4 1416
+14.3%
5+ 75
-28.6%

Summary: The 19090 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 increased by 50%, 3 bedroom homes increased by 65%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1216+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19090, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 19090 in April 2024, up by 33.3% month-over-month. Of the 16 sold homes, 19% were sold under asking, 31% were sold at asking, and 50% were sold over asking.

Days on Market for 19090, PA

How long does it take to sell a home in 19090, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days7 Days-44.9%

Summary: Homes in 19090 had an average of 7 days on market in Apr 2024, down by 44.9% compared to last year.

Breakdown of Home Sale Times

16 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 19090 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in 19090; 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 3 Days Ago

Newest Listings in 19090, PA

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