Is 19380, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19380 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 19380 has remained a Seller's Market.

Key Takeaway

19380 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19380, PA

How much do homes in 19380, PA cost?

Median Sold Price

$547,083

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$34,083(+6.6%)

Key Takeaway

Homes in 19380 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 19380 was $547,083 in April 2024, up 6.6% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $235K$229K
-2.6%
2 $398K$432K
+8.5%
3 $465K$500K
+7.5%
4 $655K$700K
+6.9%
5+ $832K$953K
+14.5%

Summary: 19380 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Zip Codes

19355
+11.1%
19335
+8.1%
19380
+6.6%
19341
+6.6%
19382
+3.6%

Housing Supply in 19380, PA

How many homes are available in 19380, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
101110+8.9%

Summary: The 19380 real estate market had 110 homes for sale in April 2024, a 8.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 2315
-34.8%
3 3237
+15.6%
4 3244
+37.5%
5+ 1213
+8.3%

Summary: The 19380 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 34.8%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3038+26.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19380, you could pay more than the asking price. 76.3% of homes here sold above asking price last month.

Summary: A total of 38 homes were sold or pending in 19380 in April 2024, up by 26.7% month-over-month. Of the 38 sold homes, 13% were sold under asking, 11% were sold at asking, and 76% were sold over asking.

Days on Market for 19380, PA

How long does it take to sell a home in 19380, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days13 Days-2.3%

Summary: Homes in 19380 had an average of 13 days on market in Apr 2024, down by 2.3% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19380 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 38 homes were sold in 19380; 89% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% 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 7 Days Ago

Newest Listings in 19380, PA

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