Is 19522, 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, 19522 has remained a Seller's Market.
Key Takeaway
19522 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19522, PA
How much do homes in 19522, PA cost?
Median Sold Price
$292,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 19522 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 19522 was $292,000 in April 2024, up 0.7% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $236.7K | N/A |
| 2 Bedrooms | $198.9K | $230K | +15.6% |
| 3 Bedrooms | $250.5K | $285K | +13.8% |
| 4 Bedrooms | $416K | $328.9K | -20.9% |
| 5+ Bedrooms | $170K | $570.5K | +235.6% |
Summary: 19522 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes increased by 235.6%.
Median Sold Price Compared To Nearby Zip Codes
| 19560 | $230K | $250K | +8.7% |
| 19522 | $290K | $292K | +0.7% |
| 19547 | $360K | $355.5K | -1.2% |
| 19510 | $340K | $325K | -4.4% |
Housing Supply in 19522, PA
How many homes are available in 19522, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The 19522 real estate market had 40 homes for sale in April 2024, a 29.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 10 | 17 | +70.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The 19522 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 70%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19522, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 19522 in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for 19522, PA
How long does it take to sell a home in 19522, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 10 Days | -52.5% |
Summary: Homes in 19522 had an average of 10 days on market in Apr 2024, down by 52.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19522 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 19522; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
