Is 19142, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 19142 has remained a Buyer's Market.
Housing Prices in 19142, PA
How much do homes in 19142, PA cost?
Median Sold Price
$120,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19142 was $120,000 in March 2024, up 0.8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $95K | $70K | -26.3% |
3 Bedrooms | $120K | $115K | -4.2% |
4 Bedrooms | $154.9K | $185K | +19.4% |
5+ Bedrooms | $124.5K | $240.5K | +93.2% |
Summary: 19142 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 26.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 93.2%.
Housing Supply in 19142, PA
How many homes are available in 19142, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
289 | 305 | +5.5% |
Summary: The 19142 real estate market had 305 homes for sale in March 2024, a 5.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 30 | 34 | +13.3% |
3 Bedrooms | 225 | 237 | +5.3% |
4 Bedrooms | 33 | 33 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 19142 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 13.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 19142 in March 2024, down by 7.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for 19142, PA
How long does it take to sell a home in 19142, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 90 Days | +44.2% |
Summary: Homes in 19142 had an average of 90 days on market in Mar 2024, up by 44.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 19142; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.