Is 19014, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19014 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19014 has remained a Seller's Market.

Key Takeaway

19014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19014, PA

How much do homes in 19014, PA cost?

Median Sold Price

$350,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,500(+5.9%)

Key Takeaway

Homes in 19014 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 19014 was $350,000 in October 2024, up 5.9% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K-
N/A
2 $249.5K$280K
+12.2%
3 $330K$340K
+3.0%
4 $408.5K$403.5K
-1.2%
5+ $431.5K$440K
+2.0%

Summary: 19014 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Zip Codes

19013
+15.2%
19060
+10.3%
19061
+9.8%
19014
+5.9%
19015
0.2%

Housing Supply in 19014, PA

How many homes are available in 19014, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5670+25.0%

Summary: The 19014 real estate market had 70 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 3243
+34.4%
4 1413
-7.1%
5+ 34
+33.3%

Summary: The 19014 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 34.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1724+41.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19014, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in 19014 in October 2024, up by 41.2% month-over-month. Of the 24 sold homes, 38% were sold under asking, 21% were sold at asking, and 42% were sold over asking.

Days on Market for 19014, PA

How long does it take to sell a home in 19014, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days27 Days+121.9%

Summary: Homes in 19014 had an average of 27 days on market in Oct 2024, up by 121.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19014 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 19014; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% 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 19014, PA

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