Is 19067, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 19067 has remained a Seller's Market.
Key Takeaway
19067 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19067, PA
How much do homes in 19067, PA cost?
Median Sold Price
$520,000
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 19067 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 19067 was $520,000 in May 2024, up 6.1% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | $228K | +9.6% |
| 2 Bedrooms | $350K | $383K | +9.4% |
| 3 Bedrooms | $430K | $481.2K | +11.9% |
| 4 Bedrooms | $640K | $668.2K | +4.4% |
| 5+ Bedrooms | $748K | $741.5K | -0.9% |
Summary: 19067 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Zip Codes
| 19067 | $489.9K | $520K | +6.1% |
| 08618 | $248.3K | $249K | 0.3% |
Housing Supply in 19067, PA
How many homes are available in 19067, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 100 | 127 | +27.0% |
Summary: The 19067 real estate market had 127 homes for sale in May 2024, a 27.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 41 | 40 | -2.4% |
| 4 Bedrooms | 37 | 50 | +35.1% |
| 5+ Bedrooms | 8 | 21 | +162.5% |
Summary: The 19067 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes increased by 162.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19067, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 19067 in May 2024, up by 7.1% month-over-month. Of the 30 sold homes, 17% were sold under asking, 13% were sold at asking, and 70% were sold over asking.
Days on Market for 19067, PA
How long does it take to sell a home in 19067, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 13 Days | -24.4% |
Summary: Homes in 19067 had an average of 13 days on market in May 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19067 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 30 homes were sold in 19067; 97% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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