Is 19146, 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, 19146 has remained a Buyer's Market.
Key Takeaway
19146 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19146, PA
How much do homes in 19146, PA cost?
Median Sold Price
$428,272
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19146 have sold for 6.4% less than they did a year ago.
Summary: The median home sold price in 19146 was $428,272 in March 2024, down 6.4% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $357.4K | $287.4K | -19.6% |
| 2 Bedrooms | $383.6K | $355K | -7.5% |
| 3 Bedrooms | $465.8K | $435K | -6.6% |
| 4 Bedrooms | $605K | $690K | +14.0% |
| 5+ Bedrooms | $527K | $500K | -5.1% |
Summary: 19146 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.6%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 5.1%.
Housing Supply in 19146, PA
How many homes are available in 19146, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 794 | 862 | +8.6% |
Summary: The 19146 real estate market had 862 homes for sale in March 2024, a 8.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 19 | +26.7% |
| 2 Bedrooms | 203 | 218 | +7.4% |
| 3 Bedrooms | 410 | 443 | +8.0% |
| 4 Bedrooms | 145 | 160 | +10.3% |
| 5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The 19146 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 52 | +10.6% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19146, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in 19146 in March 2024, up by 10.6% month-over-month. Of the 52 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for 19146, PA
How long does it take to sell a home in 19146, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 40 Days | -41.8% |
Summary: Homes in 19146 had an average of 40 days on market in Mar 2024, down by 41.8% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19146 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 52 homes were sold in 19146; 65% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
