Is 19150, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19150 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 19150 has remained a Buyer's Market.

Key Takeaway

19150 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19150, PA

How much do homes in 19150, PA cost?

Median Sold Price

$256,250

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,250(+4.6%)

Key Takeaway

Homes in 19150 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 19150 was $256,250 in March 2024, up 4.6% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $246.2K$226K
-8.2%
3 $231.5K$255K
+10.2%
4 $303.5K$298.9K
-1.5%
5+ -$395K
N/A

Summary: 19150 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 8.2%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19038
+8.2%
19027
+5.8%
19138
+5.2%
19150
+4.6%
19095
-2.4%

Housing Supply in 19150, PA

How many homes are available in 19150, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
118127+7.6%

Summary: The 19150 real estate market had 127 homes for sale in March 2024, a 7.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 99108
+9.1%
4 1617
+6.3%
5+ 00
0.0%

Summary: The 19150 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 decreased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1016+60.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19150, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 19150 in March 2024, up by 60.0% month-over-month. Of the 16 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for 19150, PA

How long does it take to sell a home in 19150, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
14 Days33 Days+129.6%

Summary: Homes in 19150 had an average of 33 days on market in Mar 2024, up by 129.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19150 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in 19150; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in 19150, PA

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