Is 19012, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19012 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 19012 has remained a Seller's Market.

Key Takeaway

19012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19012, PA

How much do homes in 19012, PA cost?

Median Sold Price

$449,900

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$98,837(+28.2%)

Key Takeaway

Homes in 19012 have sold for 28.2% more than they did a year ago.

Summary: The median home sold price in 19012 was $449,900 in December 2024, up 28.2% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $300K$274.9K
-8.3%
3 $322.5K$322.5K
0.0%
4 $400K$615.6K
+53.9%
5+ $354.5K$499.5K
+40.9%

Summary: 19012 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 53.9%, and 5+ bedroom homes increased by 40.9%.

Median Sold Price Compared To Nearby Zip Codes

19012
+28.2%
19027
+14.3%
19120
+10.6%
19111
+8.8%
19046
+7.2%

Housing Supply in 19012, PA

How many homes are available in 19012, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2919-34.5%

Summary: The 19012 real estate market had 19 homes for sale in December 2024, a 34.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 85
-37.5%
4 1711
-35.3%
5+ 22
0.0%

Summary: The 19012 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
146-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19012, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 19012 in December 2024, down by 57.1% month-over-month. Of the 6 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for 19012, PA

How long does it take to sell a home in 19012, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
41 Days24 Days-40.7%

Summary: Homes in 19012 had an average of 24 days on market in Dec 2024, down by 40.7% compared to last year.

Breakdown of Home Sale Times

4 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 19012 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 19012; 67% of homes were sold within 30 days, 33% 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 6 Days Ago

Newest Listings in 19012, PA

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