Is 19120, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 19120 has remained a Seller's Market.
Key Takeaway
19120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19120, PA
How much do homes in 19120, PA cost?
Median Sold Price
$175,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19120 have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in 19120 was $175,000 in April 2024, up 2.9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $335K | +318.8% |
| 2 Bedrooms | $139.4K | $140K | 0.4% |
| 3 Bedrooms | $170K | $170K | 0.0% |
| 4 Bedrooms | $225K | $200K | -11.1% |
| 5+ Bedrooms | $195K | $237.6K | +21.8% |
Summary: 19120 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 318.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 21.8%.
Housing Supply in 19120, PA
How many homes are available in 19120, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 169 | 169 | 0.0% |
Summary: The 19120 real estate market had 169 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 140 | 137 | -2.1% |
| 4 Bedrooms | 15 | 19 | +26.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 19120 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 decreased by 7.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 32 | +18.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19120, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 19120 in April 2024, up by 18.5% month-over-month. Of the 32 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% were sold over asking.
Days on Market for 19120, PA
How long does it take to sell a home in 19120, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 32 Days | -44.0% |
Summary: Homes in 19120 had an average of 32 days on market in Apr 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19120 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 32 homes were sold in 19120; 59% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
