Is 19506, 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, 19506 has remained a Seller's Market.
Key Takeaway
19506 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19506, PA
How much do homes in 19506, PA cost?
Median Sold Price
$376,495
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19506 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 19506 was $376,495 in March 2024, up 15.9% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250.5K | $169.5K | -32.3% |
| 3 Bedrooms | $314.9K | $346.6K | +10.1% |
| 4 Bedrooms | $329.9K | $385.3K | +16.8% |
| 5+ Bedrooms | $525K | $325.4K | -38.0% |
Summary: 19506 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 decreased by 32.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 38%.
Median Sold Price Compared To Nearby Zip Codes
| 19567 | $200K | $250K | +25.0% |
| 19506 | $324.9K | $376.4K | +15.9% |
Housing Supply in 19506, PA
How many homes are available in 19506, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The 19506 real estate market had 26 homes for sale in March 2024, a 4.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 19506 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19506, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 19506 in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for 19506, PA
How long does it take to sell a home in 19506, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 75 Days | 54 Days | -27.4% |
Summary: Homes in 19506 had an average of 54 days on market in Mar 2024, down by 27.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19506 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 19506; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
