Is 19355, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19355 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 19355 has remained a Buyer's Market.

Key Takeaway

19355 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19355, PA

How much do homes in 19355, PA cost?

Median Sold Price

$730,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$48,000(+7.0%)

Key Takeaway

Homes in 19355 have sold for 7% more than they did a year ago.

Summary: The median home sold price in 19355 was $730,000 in March 2024, up 7% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $207.5K$228.5K
+10.1%
2 $266.2K$318.7K
+19.8%
3 $505.5K$556K
+10.0%
4 $770K$789.5K
+2.5%
5+ $1.2M$1.4M
+10.9%

Summary: 19355 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 10.9%.

Median Sold Price Compared To Nearby Zip Codes

19301
+11.6%
19355
+7.0%
19460
+4.8%
19312
+2.8%

Housing Supply in 19355, PA

How many homes are available in 19355, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
130143+10.0%

Summary: The 19355 real estate market had 143 homes for sale in March 2024, a 10.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 22
0.0%
3 2929
0.0%
4 4754
+14.9%
5+ 5157
+11.8%

Summary: The 19355 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 14.9%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19355, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 19355 in March 2024, up by 18.2% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.

Days on Market for 19355, PA

How long does it take to sell a home in 19355, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
27 Days20 Days-25.9%

Summary: Homes in 19355 had an average of 20 days on market in Mar 2024, down by 25.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19355 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 13 homes were sold in 19355; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% 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 25 Days Ago

Newest Listings in 19355, PA

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