Is 19147, 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, 19147 has remained a Buyer's Market.
Housing Prices in 19147, PA
How much do homes in 19147, PA cost?
Median Sold Price
$498,150
$333/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19147 was $498,150 in March 2024, up 0.6% from last year, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $294.9K | $302K | +2.4% |
2 Bedrooms | $397.2K | $385K | -3.1% |
3 Bedrooms | $560K | $564.9K | +0.9% |
4 Bedrooms | $670K | $699K | +4.3% |
5+ Bedrooms | $409K | $650K | +58.9% |
Summary: 19147 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 58.9%.
Housing Supply in 19147, PA
How many homes are available in 19147, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
522 | 551 | +5.6% |
Summary: The 19147 real estate market had 551 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 26 | 28 | +7.7% |
2 Bedrooms | 122 | 135 | +10.7% |
3 Bedrooms | 220 | 226 | +2.7% |
4 Bedrooms | 110 | 113 | +2.7% |
5+ Bedrooms | 44 | 49 | +11.4% |
Summary: The 19147 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 11.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 42 | +50.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in 19147 in March 2024, up by 50.0% month-over-month. Of the 42 sold homes, 55% were sold under asking, 24% were sold at asking, and 21% were sold over asking.
Days on Market for 19147, PA
How long does it take to sell a home in 19147, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
103 Days | 70 Days | -32.3% |
Summary: Homes in 19147 had an average of 70 days on market in Mar 2024, down by 32.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During March 2024, 42 homes were sold in 19147; 50% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.