Is 19136, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19136 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 19136 has remained a Seller's Market.

Key Takeaway

19136 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19136, PA

How much do homes in 19136, PA cost?

Median Sold Price

$225,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,000(+1.8%)

Key Takeaway

Homes in 19136 have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in 19136 was $225,000 in April 2024, up 1.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $65.5K$95K
+45.0%
2 $185K$175K
-5.4%
3 $220K$225K
+2.3%
4 $347.5K$259.9K
-25.2%
5+ $305K$225K
-26.2%

Summary: 19136 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 25.2%, and 5+ bedroom homes decreased by 26.2%.

Median Sold Price Compared To Nearby Zip Codes

19114
+3.5%
19152
+2.4%
19136
+1.8%
19135
0.0%
19149
-0.6%

Housing Supply in 19136, PA

How many homes are available in 19136, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
9088-2.2%

Summary: The 19136 real estate market had 88 homes for sale in April 2024, a 2.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 14
+300.0%
3 7672
-5.3%
4 108
-20.0%
5+ 11
0.0%

Summary: The 19136 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2627+3.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19136, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 19136 in April 2024, up by 3.8% month-over-month. Of the 27 sold homes, 52% were sold under asking, 19% were sold at asking, and 30% were sold over asking.

Days on Market for 19136, PA

How long does it take to sell a home in 19136, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
49 Days43 Days-10.5%

Summary: Homes in 19136 had an average of 43 days on market in Apr 2024, down by 10.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19136 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 19136; 59% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

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