Is 19139, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19139 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 19139 has remained a Buyer's Market.

Key Takeaway

19139 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19139, PA

How much do homes in 19139, PA cost?

Median Sold Price

$129,900

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$19,100(-12.8%)

Key Takeaway

Homes in 19139 have sold for 12.8% less than they did a year ago.

Summary: The median home sold price in 19139 was $129,900 in March 2024, down 12.8% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $170K-
N/A
2 $90K$84.9K
-5.6%
3 $133.5K$127.5K
-4.5%
4 $207.5K$190K
-8.4%
5+ $265K$245K
-7.5%

Summary: 19139 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 5.6%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes decreased by 7.5%.

Median Sold Price Compared To Nearby Zip Codes

19131
+1.5%
19143
-4.9%
19151
-6.0%
19139
-12.8%

Housing Supply in 19139, PA

How many homes are available in 19139, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
501527+5.2%

Summary: The 19139 real estate market had 527 homes for sale in March 2024, a 5.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 5254
+3.8%
3 335352
+5.1%
4 8085
+6.3%
5+ 3234
+6.3%

Summary: The 19139 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 3.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2117-19.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19139, you may be able to get a good deal. 35.3% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 19139 in March 2024, down by 19.0% month-over-month. Of the 17 sold homes, 35% were sold under asking, 35% were sold at asking, and 29% were sold over asking.

Days on Market for 19139, PA

How long does it take to sell a home in 19139, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
77 Days54 Days-30.0%

Summary: Homes in 19139 had an average of 54 days on market in Mar 2024, down by 30% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19139 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 17 homes were sold in 19139; 41% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% 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 27 Days Ago

Newest Listings in 19139, PA

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