Is 19551, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19551 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 19551 was a Buyer's Market.

Key Takeaway

19551 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19551, PA

How much do homes in 19551, PA cost?

Median Sold Price

$350,500

$173/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$135,500(+63.0%)

Key Takeaway

Homes in 19551 have sold for 63% more than they did a month ago.

Summary: The median home sold price in 19551 was $350,500 in March 2024, up 63% from last month, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$350K
N/A
3 $215K$351K
+63.3%
4 --
N/A
5+ --
N/A

Summary: 19551 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 63.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19551
+63.0%
17569
-13.1%

Housing Supply in 19551, PA

How many homes are available in 19551, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
910+11.1%

Summary: The 19551 real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 66
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 19551 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19551, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 19551 in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 19551, PA

How long does it take to sell a home in 19551, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
20 Days6 Days-68.8%

Summary: Homes in 19551 had an average of 6 days on market in Mar 2024, down by 68.8% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19551 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in 19551; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 19551, PA

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