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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19018 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 19018 was a Seller's Market.

Key Takeaway

19018 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 19018, PA

How much do homes in 19018, PA cost?

Median Sold Price

$254,900

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,233(+5.0%)

Key Takeaway

Homes in 19018 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 19018 was $254,900 in November 2024, up 5% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $119.9K$130K
+8.4%
2 $180.3K$170.2K
-5.6%
3 $240K$249.5K
+4.0%
4 $310K$336K
+8.4%
5+ $365K$272K
-25.5%

Summary: 19018 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 25.5%.

Median Sold Price Compared To Nearby Zip Codes

19026
+6.9%
19023
+5.9%
19036
+5.1%
19018
+5.0%

Housing Supply in 19018, PA

How many homes are available in 19018, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
82820.0%

Summary: The 19018 real estate market had 82 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 89
+12.5%
3 5458
+7.4%
4 1611
-31.3%
5+ 22
0.0%

Summary: The 19018 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2112-42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19018, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 19018 in November 2024, down by 42.9% month-over-month. Of the 12 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
19 Days13 Days-33.5%

Summary: Homes in 19018 had an average of 13 days on market in Nov 2024, down by 33.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 November 2024, 12 homes were sold in 19018; 92% of homes were sold within 30 days, 8% 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 21 Days Ago

Newest Listings in 19018, PA

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