Is 19151, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 19151 has remained a Seller's Market.
Key Takeaway
19151 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19151, PA
How much do homes in 19151, PA cost?
Median Sold Price
$195,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19151 have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in 19151 was $195,000 in April 2024, down 4.9% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $117.5K | +6.8% |
| 3 Bedrooms | $200K | $186K | -7.0% |
| 4 Bedrooms | $223K | $246.5K | +10.5% |
| 5+ Bedrooms | $342.5K | $330K | -3.6% |
Summary: 19151 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 increased by 6.8%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 3.6%.
Housing Supply in 19151, PA
How many homes are available in 19151, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 70 | 80 | +14.3% |
Summary: The 19151 real estate market had 80 homes for sale in April 2024, a 14.3% 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 | 55 | 63 | +14.5% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The 19151 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 increased by 14.5%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19151, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 19151 in April 2024, up by 14.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.
Days on Market for 19151, PA
How long does it take to sell a home in 19151, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 46 Days | -19.3% |
Summary: Homes in 19151 had an average of 46 days on market in Apr 2024, down by 19.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19151 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in 19151; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
