Is 19153, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19153 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 19153 has remained a Buyer's Market.

Key Takeaway

19153 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19153, PA

How much do homes in 19153, PA cost?

Median Sold Price

$209,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,000(+2.0%)

Key Takeaway

Homes in 19153 have sold for 2% more than they did a year ago.

Summary: The median home sold price in 19153 was $209,000 in March 2024, up 2% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $150K$195K
+30.0%
3 $205K$211K
+2.9%
4 $225K$258K
+14.7%
5+ $210K-
N/A

Summary: 19153 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 increased by 30%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19079
+18.5%
19153
+2.0%
19032
-3.5%

Housing Supply in 19153, PA

How many homes are available in 19153, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4850+4.2%

Summary: The 19153 real estate market had 50 homes for sale in March 2024, a 4.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 4347
+9.3%
4 42
-50.0%
5+ 00
0.0%

Summary: The 19153 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 remained the same, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19153, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 19153 in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 19153, PA

How long does it take to sell a home in 19153, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
63 Days26 Days-59.3%

Summary: Homes in 19153 had an average of 26 days on market in Mar 2024, down by 59.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19153 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in 19153; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in 19153, PA

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