Is 19317, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 19317 has remained a Seller's Market.
Key Takeaway
19317 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19317, PA
How much do homes in 19317, PA cost?
Median Sold Price
$642,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19317 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 19317 was $642,500 in March 2024, up 11.7% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $206K | $180K | -12.6% |
| 2 Bedrooms | $195.5K | $326K | +66.8% |
| 3 Bedrooms | $425K | $475K | +11.8% |
| 4 Bedrooms | $658.5K | $818.5K | +24.3% |
| 5+ Bedrooms | $875K | $1.0M | +14.7% |
Summary: 19317 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes increased by 66.8%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 14.7%.
Housing Supply in 19317, PA
How many homes are available in 19317, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 55 | 58 | +5.5% |
Summary: The 19317 real estate market had 58 homes for sale in March 2024, a 5.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 27 | 28 | +3.7% |
Summary: The 19317 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 remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 3.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 11 | +450.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19317, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 19317 in March 2024, up by 450.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for 19317, PA
How long does it take to sell a home in 19317, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 27 Days | -59.8% |
Summary: Homes in 19317 had an average of 27 days on market in Mar 2024, down by 59.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19317 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in 19317; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
