Is 19137, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19137 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 19137 was a Neutral Market.

Key Takeaway

19137 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19137, PA

How much do homes in 19137, PA cost?

Median Sold Price

$209,949

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,949(+0.9%)

Key Takeaway

Homes in 19137 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 19137 was $209,949 in April 2024, up 0.9% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $162.3K$180K
+10.9%
3 $214.9K$245K
+14.0%
4 $277.5K$245K
-11.7%
5+ $340K$299.9K
-11.8%

Summary: 19137 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes decreased by 11.8%.

Median Sold Price Compared To Nearby Zip Codes

19124
+5.3%
08065
+4.8%
19137
+0.9%
19135
0.0%
19134
-19.2%

Housing Supply in 19137, PA

How many homes are available in 19137, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5149-3.9%

Summary: The 19137 real estate market had 49 homes for sale in April 2024, a 3.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1319
+46.2%
3 3528
-20.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The 19137 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 increased by 46.2%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19137, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 19137 in April 2024, down by 31.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for 19137, PA

How long does it take to sell a home in 19137, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days43 Days+10.5%

Summary: Homes in 19137 had an average of 43 days on market in Apr 2024, up by 10.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19137 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 11 homes were sold in 19137; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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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