Is 19128, 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, 19128 has remained a Seller's Market.
Key Takeaway
19128 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19128, PA
How much do homes in 19128, PA cost?
Median Sold Price
$353,500
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19128 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 19128 was $353,500 in April 2024, up 2.5% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $170K | -1.4% |
| 2 Bedrooms | $252.7K | $255K | +0.9% |
| 3 Bedrooms | $343.5K | $358.5K | +4.4% |
| 4 Bedrooms | $424.9K | $450K | +5.9% |
| 5+ Bedrooms | $452.5K | $400K | -11.6% |
Summary: 19128 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 11.6%.
Housing Supply in 19128, PA
How many homes are available in 19128, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 128 | 150 | +17.2% |
Summary: The 19128 real estate market had 150 homes for sale in April 2024, a 17.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 15 | 9 | -40.0% |
| 3 Bedrooms | 65 | 77 | +18.5% |
| 4 Bedrooms | 34 | 47 | +38.2% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The 19128 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 40%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19128, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 19128 in April 2024, up by 12.9% month-over-month. Of the 35 sold homes, 43% were sold under asking, 23% were sold at asking, and 34% were sold over asking.
Days on Market for 19128, PA
How long does it take to sell a home in 19128, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 28 Days | +15.6% |
Summary: Homes in 19128 had an average of 28 days on market in Apr 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19128 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 35 homes were sold in 19128; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
