Is 19605, 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, 19605 has remained a Seller's Market.
Key Takeaway
19605 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19605, PA
How much do homes in 19605, PA cost?
Median Sold Price
$285,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19605 have sold for 23.9% more than they did a year ago.
Summary: The median home sold price in 19605 was $285,000 in March 2024, up 23.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.9K | $120K | +26.4% |
| 2 Bedrooms | $186.5K | $185K | -0.8% |
| 3 Bedrooms | $226.5K | $261.5K | +15.5% |
| 4 Bedrooms | $311K | $387.9K | +24.7% |
| 5+ Bedrooms | $217.5K | $365.5K | +68.0% |
Summary: 19605 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.4%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 68%.
Housing Supply in 19605, PA
How many homes are available in 19605, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 77 | 87 | +13.0% |
Summary: The 19605 real estate market had 87 homes for sale in March 2024, a 13.0% 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 35 | 40 | +14.3% |
| 4 Bedrooms | 26 | 33 | +26.9% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 19605 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 40%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19605, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in 19605 in March 2024, up by 29.4% month-over-month. Of the 22 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for 19605, PA
How long does it take to sell a home in 19605, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 20 Days | 15 Days | -23.6% |
Summary: Homes in 19605 had an average of 15 days on market in Mar 2024, down by 23.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19605 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in 19605; 91% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
