Is 19132, 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, 19132 has remained a Buyer's Market.
Key Takeaway
19132 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19132, PA
How much do homes in 19132, PA cost?
Median Sold Price
$94,000
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19132 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 19132 was $94,000 in March 2024, up 5.1% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $85K | $73.3K | -13.7% |
| 3 Bedrooms | $85.9K | $90K | +4.8% |
| 4 Bedrooms | $127.5K | $132.5K | +3.9% |
| 5+ Bedrooms | $151.5K | $143.7K | -5.1% |
Summary: 19132 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 13.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 5.1%.
Housing Supply in 19132, PA
How many homes are available in 19132, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 498 | 523 | +5.0% |
Summary: The 19132 real estate market had 523 homes for sale in March 2024, a 5.0% 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 | 95 | 100 | +5.3% |
| 3 Bedrooms | 291 | 309 | +6.2% |
| 4 Bedrooms | 71 | 72 | +1.4% |
| 5+ Bedrooms | 40 | 41 | +2.5% |
Summary: The 19132 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 5.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 2.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19132, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 19132 in March 2024, up by 23.1% month-over-month. Of the 16 sold homes, 69% were sold under asking, 13% were sold at asking, and 19% were sold over asking.
Days on Market for 19132, PA
How long does it take to sell a home in 19132, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 70 Days | +66.2% |
Summary: Homes in 19132 had an average of 70 days on market in Mar 2024, up by 66.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19132 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in 19132; 50% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
