Is 19344, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19344 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 19344 has remained a Seller's Market.

Key Takeaway

19344 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19344, PA

How much do homes in 19344, PA cost?

Median Sold Price

$389,950

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$44,950(+13.0%)

Key Takeaway

Homes in 19344 have sold for 13% more than they did a year ago.

Summary: The median home sold price in 19344 was $389,950 in April 2024, up 13% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $247.5K$349.6K
+41.3%
3 $312.5K$362.5K
+16.0%
4 $413.9K$457.5K
+10.5%
5+ $486.4K$623K
+28.1%

Summary: 19344 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 41.3%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 28.1%.

Median Sold Price Compared To Nearby Zip Codes

19543
+45.1%
17555
+23.3%
19344
+13.0%
19520
+0.9%
19343
-1.3%

Housing Supply in 19344, PA

How many homes are available in 19344, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2127+28.6%

Summary: The 19344 real estate market had 27 homes for sale in April 2024, a 28.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1012
+20.0%
4 812
+50.0%
5+ 11
0.0%

Summary: The 19344 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 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19344, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 19344 in April 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for 19344, PA

How long does it take to sell a home in 19344, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days18 Days+302.9%

Summary: Homes in 19344 had an average of 18 days on market in Apr 2024, up by 302.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19344 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 19344; 80% of homes were sold within 30 days, 20% 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 9 Days Ago

Newest Listings in 19344, PA

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