Is 19123, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 19123 was a Seller's Market.
Key Takeaway
19123 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19123, PA
How much do homes in 19123, PA cost?
Median Sold Price
$483,500
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19123 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 19123 was $483,500 in April 2024, up 0.7% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $315K | +1.6% |
| 2 Bedrooms | $446.7K | $415.1K | -7.1% |
| 3 Bedrooms | $610.2K | $620K | +1.6% |
| 4 Bedrooms | $640K | $623K | -2.7% |
| 5+ Bedrooms | $887.5K | $766.1K | -13.7% |
Summary: 19123 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 13.7%.
Housing Supply in 19123, PA
How many homes are available in 19123, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 132 | 158 | +19.7% |
Summary: The 19123 real estate market had 158 homes for sale in April 2024, a 19.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 20 | +53.8% |
| 2 Bedrooms | 40 | 38 | -5.0% |
| 3 Bedrooms | 58 | 72 | +24.1% |
| 4 Bedrooms | 15 | 22 | +46.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 19123 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 53.8%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19123, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 19123 in April 2024, down by 9.5% month-over-month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.
Days on Market for 19123, PA
How long does it take to sell a home in 19123, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 76 Days | +59.1% |
Summary: Homes in 19123 had an average of 76 days on market in Apr 2024, up by 59.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19123 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 19123; 53% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
