Is 19141, 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, 19141 was a Seller's Market.
Key Takeaway
19141 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19141, PA
How much do homes in 19141, PA cost?
Median Sold Price
$189,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19141 have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in 19141 was $189,500 in April 2024, down 2.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $173.5K | $170K | -2.0% |
| 4 Bedrooms | $240K | $220K | -8.3% |
| 5+ Bedrooms | $280K | $248.7K | -11.2% |
Summary: 19141 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 did not change, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 11.2%.
Housing Supply in 19141, PA
How many homes are available in 19141, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 98 | 102 | +4.1% |
Summary: The 19141 real estate market had 102 homes for sale in April 2024, a 4.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 62 | 61 | -1.6% |
| 4 Bedrooms | 24 | 28 | +16.7% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 19141 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 remained the same, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19141, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 19141 in April 2024, the same as the previous month. Of the 13 sold homes, 23% were sold under asking, 54% were sold at asking, and 23% were sold over asking.
Days on Market for 19141, PA
How long does it take to sell a home in 19141, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 66 Days | 30 Days | -53.3% |
Summary: Homes in 19141 had an average of 30 days on market in Apr 2024, down by 53.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19141 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in 19141; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
