Is 19124, 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, 19124 has remained a Buyer's Market.
Housing Prices in 19124, PA
How much do homes in 19124, PA cost?
Median Sold Price
$165,800
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19124 was $165,800 in March 2024, up 1.3% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $95K | N/A |
2 Bedrooms | $137.7K | $132.5K | -3.8% |
3 Bedrooms | $164K | $169.9K | +3.6% |
4 Bedrooms | $240K | $200K | -16.7% |
5+ Bedrooms | $235K | $204.9K | -12.8% |
Summary: 19124 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 12.8%.
Housing Supply in 19124, PA
How many homes are available in 19124, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
450 | 460 | +2.2% |
Summary: The 19124 real estate market had 460 homes for sale in March 2024, a 2.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 59 | 62 | +5.1% |
3 Bedrooms | 294 | 300 | +2.0% |
4 Bedrooms | 71 | 74 | +4.2% |
5+ Bedrooms | 25 | 23 | -8.0% |
Summary: The 19124 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 increased by 5.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 26 | -27.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 19124 in March 2024, down by 27.8% month-over-month. Of the 26 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for 19124, PA
How long does it take to sell a home in 19124, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 69 Days | +32.7% |
Summary: Homes in 19124 had an average of 69 days on market in Mar 2024, up by 32.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 19124; 46% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.