Is 19004, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19004 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19004 has remained a Seller's Market.

Key Takeaway

19004 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19004, PA

How much do homes in 19004, PA cost?

Median Sold Price

$625,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,084(+4.7%)

Key Takeaway

Homes in 19004 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 19004 was $625,000 in October 2024, up 4.7% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $181K$155K
-14.4%
2 $400K$372K
-7.0%
3 $525K$673.5K
+28.3%
4 $742.5K$792K
+6.7%
5+ $830.1K$1.0M
+21.4%

Summary: 19004 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.4%, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Zip Codes

19127
+13.8%
19066
+8.5%
19004
+4.7%
19131
+4.0%
19072
-18.2%

Housing Supply in 19004, PA

How many homes are available in 19004, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3839+2.6%

Summary: The 19004 real estate market had 39 homes for sale in October 2024, a 2.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 1212
0.0%
3 77
0.0%
4 56
+20.0%
5+ 109
-10.0%

Summary: The 19004 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19004, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 19004 in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for 19004, PA

How long does it take to sell a home in 19004, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days20 Days-43.1%

Summary: Homes in 19004 had an average of 20 days on market in Oct 2024, down by 43.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19004 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 19004; 83% of homes were sold within 30 days, 17% 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 4 Days Ago

Newest Listings in 19004, PA

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