Is 19468, 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, 19468 has remained a Seller's Market.
Key Takeaway
19468 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19468, PA
How much do homes in 19468, PA cost?
Median Sold Price
$394,900
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19468 have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in 19468 was $394,900 in April 2024, up 12.8% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $200K | -4.8% |
| 2 Bedrooms | $245K | $275K | +12.2% |
| 3 Bedrooms | $355K | $405K | +14.1% |
| 4 Bedrooms | $493K | $550K | +11.6% |
| 5+ Bedrooms | $302K | $655K | +116.9% |
Summary: 19468 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 116.9%.
Housing Supply in 19468, PA
How many homes are available in 19468, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 51 | 64 | +25.5% |
Summary: The 19468 real estate market had 64 homes for sale in April 2024, a 25.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 24 | 32 | +33.3% |
| 4 Bedrooms | 15 | 20 | +33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 19468 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19468, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 19468 in April 2024, the same as the previous month. Of the 15 sold homes, 13% were sold under asking, 47% were sold at asking, and 40% were sold over asking.
Days on Market for 19468, PA
How long does it take to sell a home in 19468, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 11 Days | +32.0% |
Summary: Homes in 19468 had an average of 11 days on market in Apr 2024, up by 32% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19468 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in 19468; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.