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 November 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

$619,750

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,250(-1.6%)

Key Takeaway

Homes in 19004 have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in 19004 was $619,750 in November 2024, down 1.6% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K$155K
+3.3%
2 $375K$341.5K
-8.9%
3 $585K$682.2K
+16.6%
4 $792K$803K
+1.4%
5+ $830.2K$1.0M
+20.4%

Summary: 19004 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 8.9%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 20.4%.

Median Sold Price Compared To Nearby Zip Codes

19127
+13.7%
19131
+3.6%
19004
-1.6%
19072
-20.6%

Housing Supply in 19004, PA

How many homes are available in 19004, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4142+2.4%

Summary: The 19004 real estate market had 42 homes for sale in November 2024, a 2.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 53
-40.0%
2 1212
0.0%
3 813
+62.5%
4 79
+28.6%
5+ 95
-44.4%

Summary: The 19004 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes remained the same, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 44.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 19004 in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
26 Days30 Days+15.6%

Summary: Homes in 19004 had an average of 30 days on market in Nov 2024, up by 15.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 8 homes were sold in 19004; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

Newest Listings in 19004, PA

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