Is 19362, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 19362 was a Neutral Market.
Key Takeaway
19362 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19362, PA
How much do homes in 19362, PA cost?
Median Sold Price
$400,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19362 have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in 19362 was $400,000 in April 2024, down 4.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $417.9K | $243K | -41.9% |
| 3 Bedrooms | $381K | $378.6K | -0.6% |
| 4 Bedrooms | $418K | $457.5K | +9.4% |
| 5+ Bedrooms | $710K | $649.4K | -8.5% |
Summary: 19362 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 41.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Zip Codes
| 17566 | $305.5K | $365K | +19.5% |
| 19363 | $375K | $422.5K | +12.7% |
| 19362 | $416.9K | $400K | -4.1% |
Housing Supply in 19362, PA
How many homes are available in 19362, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The 19362 real estate market had 7 homes for sale in April 2024, the same as 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 | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 19362 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 decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19362, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 19362 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 19362, PA
How long does it take to sell a home in 19362, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 84 Days | 47 Days | -44.0% |
Summary: Homes in 19362 had an average of 47 days on market in Apr 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19362 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in 19362; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
