Is 19114, 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, 19114 has remained a Seller's Market.
Key Takeaway
19114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19114, PA
How much do homes in 19114, PA cost?
Median Sold Price
$294,100
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19114 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 19114 was $294,100 in March 2024, up 3.2% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $209.9K | $222.5K | +6.0% |
| 2 Bedrooms | $232.5K | $235K | +1.1% |
| 3 Bedrooms | $300K | $300K | 0.0% |
| 4 Bedrooms | $360K | $400K | +11.1% |
| 5+ Bedrooms | $497K | $487K | -2.0% |
Summary: 19114 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 1.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 2%.
Housing Supply in 19114, PA
How many homes are available in 19114, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 119 | 116 | -2.5% |
Summary: The 19114 real estate market had 116 homes for sale in March 2024, a 2.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 54 | 51 | -5.6% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 19114 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 remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19114, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in 19114 in March 2024, the same as the previous month. Of the 21 sold homes, 38% were sold under asking, 19% were sold at asking, and 43% were sold over asking.
Days on Market for 19114, PA
How long does it take to sell a home in 19114, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -8.4% |
Summary: Homes in 19114 had an average of 26 days on market in Mar 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19114 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in 19114; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
