Is 19401, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 19401 has remained a Seller's Market.
Key Takeaway
19401 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19401, PA
How much do homes in 19401, PA cost?
Median Sold Price
$250,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19401 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 19401 was $250,000 in April 2024, up 8.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $345K | $197.5K | -42.8% |
| 2 Bedrooms | $195K | $202.5K | +3.8% |
| 3 Bedrooms | $237.4K | $265K | +11.6% |
| 4 Bedrooms | $220K | $233K | +5.9% |
| 5+ Bedrooms | $229K | $205K | -10.5% |
Summary: 19401 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 10.5%.
Housing Supply in 19401, PA
How many homes are available in 19401, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 93 | 92 | -1.1% |
Summary: The 19401 real estate market had 92 homes for sale in April 2024, a 1.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 52 | 53 | +1.9% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The 19401 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 19 | -38.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19401, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 19401 in April 2024, down by 38.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 32% were sold at asking, and 32% were sold over asking.
Days on Market for 19401, PA
How long does it take to sell a home in 19401, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 35 Days | +47.1% |
Summary: Homes in 19401 had an average of 35 days on market in Apr 2024, up by 47.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19401 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 19401; 84% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
