Is 19018, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19018 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19018 has remained a Seller's Market.

Key Takeaway

19018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19018, PA

How much do homes in 19018, PA cost?

Median Sold Price

$254,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+5.8%)

Key Takeaway

Homes in 19018 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 19018 was $254,000 in October 2024, up 5.8% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $119.9K$130K
+8.4%
2 $174.6K$175.5K
0.5%
3 $239.2K$249.9K
+4.4%
4 $305K$340K
+11.5%
5+ $315K$355K
+12.7%

Summary: 19018 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Zip Codes

19043
+42.5%
19026
+6.0%
19018
+5.8%
19023
+5.5%
19036
+4.9%

Housing Supply in 19018, PA

How many homes are available in 19018, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6882+20.6%

Summary: The 19018 real estate market had 82 homes for sale in October 2024, a 20.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 49
+125.0%
3 4553
+17.8%
4 1518
+20.0%
5+ 21
-50.0%

Summary: The 19018 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 125%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1418+28.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19018, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 19018 in October 2024, up by 28.6% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.

Days on Market for 19018, PA

How long does it take to sell a home in 19018, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days32 Days+152.1%

Summary: Homes in 19018 had an average of 32 days on market in Oct 2024, up by 152.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19018 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 19018; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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 19018, PA

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