Is 19121, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 19121 has remained a Buyer's Market.
Housing Prices in 19121, PA
How much do homes in 19121, PA cost?
Median Sold Price
$228,500
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 19121 was $228,500 in February 2024, down 10.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289.9K | $249.9K | -13.8% |
3 Bedrooms | $228.5K | $200K | -12.5% |
4 Bedrooms | $335K | $302.5K | -9.7% |
5+ Bedrooms | $205K | $232.5K | +13.4% |
Summary: 19121 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 19121, PA
How many homes are available in 19121, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
669 | 701 | +4.8% |
Summary: The 19121 real estate market had 701 homes for sale in February 2024, a 4.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 98 | 104 | +6.1% |
3 Bedrooms | 304 | 314 | +3.3% |
4 Bedrooms | 150 | 160 | +6.7% |
5+ Bedrooms | 114 | 120 | +5.3% |
Summary: The 19121 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 15 | -21.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 19121 in February 2024, down by 21.1% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for 19121, PA
How long does it take to sell a home in 19121, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
145 Days | 68 Days | -52.9% |
Summary: Homes in 19121 had an average of 68 days on market in Feb 2024, down by 52.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 15 homes were sold in 19121; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.