Is 19611, 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, 19611 has remained a Seller's Market.
Key Takeaway
19611 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19611, PA
How much do homes in 19611, PA cost?
Median Sold Price
$226,250
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19611 have sold for 33.1% more than they did a year ago.
Summary: The median home sold price in 19611 was $226,250 in March 2024, up 33.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $141K | - | N/A |
| 2 Bedrooms | $131K | $160K | +22.1% |
| 3 Bedrooms | $181.1K | $225K | +24.2% |
| 4 Bedrooms | $144K | $235.5K | +63.5% |
| 5+ Bedrooms | $229.9K | $200K | -13.0% |
Summary: 19611 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 22.1%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 63.5%, and 5+ bedroom homes decreased by 13%.
Housing Supply in 19611, PA
How many homes are available in 19611, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 26 | +36.8% |
Summary: The 19611 real estate market had 26 homes for sale in March 2024, a 36.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 17 | +30.8% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 19611 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19611, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 19611 in March 2024, up by 300.0% month-over-month. Of the 8 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 19611, PA
How long does it take to sell a home in 19611, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 10 Days | -65.6% |
Summary: Homes in 19611 had an average of 10 days on market in Mar 2024, down by 65.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19611 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 19611; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
