$3,086 Closing Credit*
$259,900
1,152 SqFt
3 Beds
•1 Full Bath, 1 Partial
Daniel J Pizzi, Listing Office: NextHome Brandywine
Is 19018, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.9K | $130K | +8.4% |
| 2 Bedrooms | $174.6K | $175.5K | 0.5% |
| 3 Bedrooms | $239.2K | $249.9K | +4.4% |
| 4 Bedrooms | $305K | $340K | +11.5% |
| 5+ Bedrooms | $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%.
Housing Supply in 19018, PA
How many homes are available in 19018, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 82 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 9 | +125.0% |
| 3 Bedrooms | 45 | 53 | +17.8% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 2 | 1 | -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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 32 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
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.
