Is 19406, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 19406 was a Seller's Market.
Housing Prices in 19406, PA
How much do homes in 19406, PA cost?
Median Sold Price
$476,250
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19406 was $476,250 in March 2024, up 12.1% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $284.5K | $240K | -15.6% |
2 Bedrooms | $327.5K | $295K | -9.9% |
3 Bedrooms | $410K | $463K | +12.9% |
4 Bedrooms | $470K | $510K | +8.5% |
5+ Bedrooms | $675K | $730K | +8.1% |
Summary: 19406 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in 19406, PA
How many homes are available in 19406, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 85 | +7.6% |
Summary: The 19406 real estate market had 85 homes for sale in March 2024, a 7.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 19406 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 19406 in March 2024, down by 16.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for 19406, PA
How long does it take to sell a home in 19406, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 27 Days | -21.7% |
Summary: Homes in 19406 had an average of 27 days on market in Mar 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 19406; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.