Is 19363, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19363 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 19363 has remained a Buyer's Market.

Key Takeaway

19363 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19363, PA

How much do homes in 19363, PA cost?

Median Sold Price

$415,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$43,683(+11.8%)

Key Takeaway

Homes in 19363 have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in 19363 was $415,000 in March 2024, up 11.8% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $270K$230.5K
-14.6%
3 $322K$375K
+16.5%
4 $424.9K$440K
+3.5%
5+ $586.9K$450K
-23.3%

Summary: 19363 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.6%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 23.3%.

Median Sold Price Compared To Nearby Zip Codes

19330
+20.6%
19363
+11.8%
19352
+3.9%
19362
-3.5%

Housing Supply in 19363, PA

How many homes are available in 19363, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7086+22.9%

Summary: The 19363 real estate market had 86 homes for sale in March 2024, a 22.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2943
+48.3%
4 3232
0.0%
5+ 810
+25.0%

Summary: The 19363 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 increased by 48.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19363, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 19363 in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 10% were sold under asking, 10% were sold at asking, and 80% were sold over asking.

Days on Market for 19363, PA

How long does it take to sell a home in 19363, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
15 Days25 Days+65.0%

Summary: Homes in 19363 had an average of 25 days on market in Mar 2024, up by 65% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19363 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 10 homes were sold in 19363; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% 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 24 Days Ago

Newest Listings in 19363, PA

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