Is 19154, 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, 19154 has remained a Seller's Market.
Key Takeaway
19154 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19154, PA
How much do homes in 19154, PA cost?
Median Sold Price
$315,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19154 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 19154 was $315,000 in April 2024, up 6.8% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $175K | -37.5% |
| 2 Bedrooms | $255K | $270K | +5.9% |
| 3 Bedrooms | $299.9K | $316K | +5.4% |
| 4 Bedrooms | $305K | $350K | +14.8% |
| 5+ Bedrooms | $515K | $490K | -4.9% |
Summary: 19154 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 4.9%.
Housing Supply in 19154, PA
How many homes are available in 19154, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 79 | 85 | +7.6% |
Summary: The 19154 real estate market had 85 homes for sale in April 2024, a 7.6% 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 | 9 | 12 | +33.3% |
| 3 Bedrooms | 60 | 61 | +1.7% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 19154 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 increased by 33.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19154, you could pay more than the asking price. 56.5% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 19154 in April 2024, down by 20.7% month-over-month. Of the 23 sold homes, 26% were sold under asking, 17% were sold at asking, and 57% were sold over asking.
Days on Market for 19154, PA
How long does it take to sell a home in 19154, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 13 Days | -40.8% |
Summary: Homes in 19154 had an average of 13 days on market in Apr 2024, down by 40.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19154 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 23 homes were sold in 19154; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
