Is 19425, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 19425 was a Seller's Market.
Key Takeaway
19425 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 19425, PA
How much do homes in 19425, PA cost?
Median Sold Price
$675,000
$218/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in 19425 has remained the same since last year.
Summary: The median home sold price in 19425 was $675,000 in April 2024, the same as last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $345.2K | +6.2% |
| 3 Bedrooms | $531K | $550K | +3.6% |
| 4 Bedrooms | $746.5K | $815K | +9.2% |
| 5+ Bedrooms | $900K | $1.0M | +19.4% |
Summary: 19425 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Zip Codes
| 19341 | $527.6K | $562.5K | +6.6% |
| 19425 | $675K | $675K | 0.0% |
| 19343 | $592.5K | $585K | -1.3% |
| 19475 | $490K | $419.9K | -14.3% |
Housing Supply in 19425, PA
How many homes are available in 19425, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 62 | +29.2% |
Summary: The 19425 real estate market had 62 homes for sale in April 2024, a 29.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 16 | 22 | +37.5% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The 19425 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19425, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 19425 in April 2024, the same as the previous month. Of the 9 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% were sold over asking.
Days on Market for 19425, PA
How long does it take to sell a home in 19425, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 10 Days | -78.3% |
Summary: Homes in 19425 had an average of 10 days on market in Apr 2024, down by 78.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19425 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 19425; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
