Is 19312, 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, 19312 has remained a Seller's Market.
Key Takeaway
19312 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19312, PA
How much do homes in 19312, PA cost?
Median Sold Price
$777,777
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19312 have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in 19312 was $777,777 in April 2024, down 5.1% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $899K | $487.5K | -45.8% |
| 3 Bedrooms | $675K | $623K | -7.7% |
| 4 Bedrooms | $825K | $830K | +0.6% |
| 5+ Bedrooms | $1.4M | $1.7M | +20.8% |
Summary: 19312 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 decreased by 45.8%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 20.8%.
Housing Supply in 19312, PA
How many homes are available in 19312, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 47 | +51.6% |
Summary: The 19312 real estate market had 47 homes for sale in April 2024, a 51.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 13 | 21 | +61.5% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The 19312 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 36.4%, 4 bedroom homes increased by 61.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19312, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 19312 in April 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for 19312, PA
How long does it take to sell a home in 19312, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 24 Days | +121.9% |
Summary: Homes in 19312 had an average of 24 days on market in Apr 2024, up by 121.9% compared to last year.
Breakdown of Home Sale Times
9 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 19312 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in 19312; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
