Is 19134, 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, 19134 has remained a Buyer's Market.
Key Takeaway
19134 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19134, PA
How much do homes in 19134, PA cost?
Median Sold Price
$137,900
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19134 have sold for 17.9% less than they did a year ago.
Summary: The median home sold price in 19134 was $137,900 in March 2024, down 17.9% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $187.5K | +38.9% |
| 2 Bedrooms | $133.5K | $138.4K | +3.7% |
| 3 Bedrooms | $184.5K | $135K | -26.8% |
| 4 Bedrooms | $360K | $245K | -31.9% |
| 5+ Bedrooms | $147.5K | $175K | +18.6% |
Summary: 19134 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.9%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 26.8%, 4 bedroom homes decreased by 31.9%, and 5+ bedroom homes increased by 18.6%.
Housing Supply in 19134, PA
How many homes are available in 19134, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 932 | 981 | +5.3% |
Summary: The 19134 real estate market had 981 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 233 | 262 | +12.4% |
| 3 Bedrooms | 608 | 627 | +3.1% |
| 4 Bedrooms | 68 | 67 | -1.5% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The 19134 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 46 | +24.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19134, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in 19134 in March 2024, up by 24.3% month-over-month. Of the 46 sold homes, 46% were sold under asking, 26% were sold at asking, and 28% were sold over asking.
Days on Market for 19134, PA
How long does it take to sell a home in 19134, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 50 Days | -25.1% |
Summary: Homes in 19134 had an average of 50 days on market in Mar 2024, down by 25.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19134 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 46 homes were sold in 19134; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
