Is 19601, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 19601 was a Seller's Market.
Key Takeaway
19601 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 19601, PA
How much do homes in 19601, PA cost?
Median Sold Price
$155,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19601 have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in 19601 was $155,000 in March 2024, up 16.8% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $78.2K | $130K | +66.1% |
| 3 Bedrooms | $145K | $164.9K | +13.7% |
| 4 Bedrooms | $130K | $150K | +15.4% |
| 5+ Bedrooms | $138K | $161.5K | +17.0% |
Summary: 19601 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 66.1%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 17%.
Housing Supply in 19601, PA
How many homes are available in 19601, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 98 | 112 | +14.3% |
Summary: The 19601 real estate market had 112 homes for sale in March 2024, a 14.3% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 19 | 24 | +26.3% |
| 4 Bedrooms | 24 | 26 | +8.3% |
| 5+ Bedrooms | 51 | 59 | +15.7% |
Summary: The 19601 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 decreased by 25%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 15.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19601, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 19601 in March 2024, up by 54.5% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.
Days on Market for 19601, PA
How long does it take to sell a home in 19601, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 16 Days | 13 Days | -19.9% |
Summary: Homes in 19601 had an average of 13 days on market in Mar 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19601 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in 19601; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
