Is 19426, 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, 19426 was a Buyer's Market.
Key Takeaway
19426 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 19426, PA
How much do homes in 19426, PA cost?
Median Sold Price
$490,066
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19426 have sold for 5% less than they did a year ago.
Summary: The median home sold price in 19426 was $490,066 in March 2024, down 5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $316.5K | $353.5K | +11.7% |
| 3 Bedrooms | $403.3K | $423.6K | +5.0% |
| 4 Bedrooms | $600K | $635K | +5.8% |
| 5+ Bedrooms | $702.5K | $730K | +3.9% |
Summary: 19426 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in 19426, PA
How many homes are available in 19426, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 102 | 102 | 0.0% |
Summary: The 19426 real estate market had 102 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 8 | -38.5% |
| 3 Bedrooms | 46 | 41 | -10.9% |
| 4 Bedrooms | 29 | 41 | +41.4% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The 19426 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 38.5%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 41.4%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 16 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19426, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 19426 in March 2024, down by 33.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 13% were sold at asking, and 56% were sold over asking.
Days on Market for 19426, PA
How long does it take to sell a home in 19426, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 10 Days | -52.2% |
Summary: Homes in 19426 had an average of 10 days on market in Mar 2024, down by 52.2% compared to last year.
Breakdown of Home Sale Times
15 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 19426 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in 19426; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
