Is 19512, 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, 19512 has remained a Seller's Market.
Housing Prices in 19512, PA
How much do homes in 19512, PA cost?
Median Sold Price
$275,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19512 was $275,000 in March 2024, down 1.8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $232.5K | +16.3% |
3 Bedrooms | $280K | $276.3K | -1.3% |
4 Bedrooms | $360K | $299.5K | -16.8% |
5+ Bedrooms | $235K | $449K | +91.1% |
Summary: 19512 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 16.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes increased by 91.1%.
Median Sold Price Compared To Nearby Zip Codes
19547 | $293.5K | $361K | +23.0% |
19512 | $280K | $275K | -1.8% |
19525 | $429.9K | $412.5K | -4.0% |
Housing Supply in 19512, PA
How many homes are available in 19512, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 65 | +12.1% |
Summary: The 19512 real estate market had 65 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 27 | 33 | +22.2% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 19512 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 increased by 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 19512 in March 2024, up by 33.3% month-over-month. Of the 12 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% were sold over asking.
Days on Market for 19512, PA
How long does it take to sell a home in 19512, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
11 Days | 26 Days | +128.6% |
Summary: Homes in 19512 had an average of 26 days on market in Mar 2024, up by 128.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 19512; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.