Is 19403, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19403 is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 19403 was a Seller's Market.

Key Takeaway

19403 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 19403, PA

How much do homes in 19403, PA cost?

Median Sold Price

$397,125

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$42,125(+11.9%)

Key Takeaway

Homes in 19403 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 19403 was $397,125 in February 2024, up 11.9% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $165K$177.5K
+7.6%
2 $240K$260K
+8.3%
3 $368K$364.2K
-1.0%
4 $470K$510.5K
+8.6%
5+ $605K$578.2K
-4.4%

Summary: 19403 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

19403
+11.9%
19406
+10.6%
19422
+9.7%
19401
+9.2%
19426
-4.7%

Housing Supply in 19403, PA

How many homes are available in 19403, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
147149+1.4%

Summary: The 19403 real estate market had 149 homes for sale in February 2024, a 1.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 23
+50.0%
2 1716
-5.9%
3 5856
-3.4%
4 5457
+5.6%
5+ 1617
+6.3%

Summary: The 19403 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2522-12.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19403, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 19403 in February 2024, down by 12.0% month-over-month. Of the 22 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.

Days on Market for 19403, PA

How long does it take to sell a home in 19403, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
29 Days101 Days+239.1%

Summary: Homes in 19403 had an average of 101 days on market in Feb 2024, up by 239.1% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19403 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 22 homes were sold in 19403; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 27 Days Ago

Newest Listings in 19403, PA

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