Is 19140, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 19140 was a Neutral Market.
Key Takeaway
19140 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19140, PA
How much do homes in 19140, PA cost?
Median Sold Price
$84,100
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19140 have sold for 15.7% less than they did a year ago.
Summary: The median home sold price in 19140 was $84,100 in April 2024, down 15.7% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $88.5K | $74.2K | -16.1% |
| 3 Bedrooms | $99.7K | $80K | -19.8% |
| 4 Bedrooms | $111K | $129.7K | +16.9% |
| 5+ Bedrooms | $103.5K | $140K | +35.3% |
Summary: 19140 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 decreased by 16.1%, 3 bedroom homes decreased by 19.8%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 35.3%.
Housing Supply in 19140, PA
How many homes are available in 19140, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 157 | 164 | +4.5% |
Summary: The 19140 real estate market had 164 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 24 | 30 | +25.0% |
| 3 Bedrooms | 90 | 88 | -2.2% |
| 4 Bedrooms | 31 | 36 | +16.1% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The 19140 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19140, 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 19140 in April 2024, down by 22.7% 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 19140, PA
How long does it take to sell a home in 19140, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 72 Days | +144.4% |
Summary: Homes in 19140 had an average of 72 days on market in Apr 2024, up by 144.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 19140 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 17 homes were sold in 19140; 35% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
