Is 19428, 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, 19428 has remained a Seller's Market.
Key Takeaway
19428 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19428, PA
How much do homes in 19428, PA cost?
Median Sold Price
$453,250
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19428 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 19428 was $453,250 in April 2024, up 1.7% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $220K | +2.3% |
| 2 Bedrooms | $331K | $365K | +10.3% |
| 3 Bedrooms | $451.1K | $475K | +5.3% |
| 4 Bedrooms | $520K | $584.5K | +12.4% |
| 5+ Bedrooms | $480K | $528.7K | +10.2% |
Summary: 19428 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in 19428, PA
How many homes are available in 19428, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 59 | +22.9% |
Summary: The 19428 real estate market had 59 homes for sale in April 2024, a 22.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 25 | 30 | +20.0% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 19428 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 19 | +72.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19428, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 19428 in April 2024, up by 72.7% month-over-month. Of the 19 sold homes, 26% were sold under asking, 21% were sold at asking, and 53% were sold over asking.
Days on Market for 19428, PA
How long does it take to sell a home in 19428, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 9 Days | -71.0% |
Summary: Homes in 19428 had an average of 9 days on market in Apr 2024, down by 71% compared to last year.
Breakdown of Home Sale Times
18 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 19428 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 19428; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
