Is 19446, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 19446 has remained a Seller's Market.
Key Takeaway
19446 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19446, PA
How much do homes in 19446, PA cost?
Median Sold Price
$415,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19446 have sold for 8.2% less than they did a year ago.
Summary: The median home sold price in 19446 was $415,000 in March 2024, down 8.2% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $195K | +5.4% |
| 2 Bedrooms | $242.5K | $277.5K | +14.4% |
| 3 Bedrooms | $402.2K | $380K | -5.5% |
| 4 Bedrooms | $550.5K | $549.5K | -0.2% |
| 5+ Bedrooms | $705K | $577.5K | -18.1% |
Summary: 19446 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 14.4%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 18.1%.
Housing Supply in 19446, PA
How many homes are available in 19446, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 140 | 140 | 0.0% |
Summary: The 19446 real estate market had 140 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 | 4 | 3 | -25.0% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 58 | 53 | -8.6% |
| 4 Bedrooms | 40 | 46 | +15.0% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The 19446 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 33 | +65.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19446, you could pay more than the asking price. 60.6% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 19446 in March 2024, up by 65.0% month-over-month. Of the 33 sold homes, 18% were sold under asking, 21% were sold at asking, and 61% were sold over asking.
Days on Market for 19446, PA
How long does it take to sell a home in 19446, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 20 Days | 16 Days | -19.2% |
Summary: Homes in 19446 had an average of 16 days on market in Mar 2024, down by 19.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19446 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 33 homes were sold in 19446; 82% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
