Is 19022, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19022 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 19022 was a Seller's Market.

Key Takeaway

19022 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 19022, PA

How much do homes in 19022, PA cost?

Median Sold Price

$191,500

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,250(+3.9%)

Key Takeaway

Homes in 19022 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 19022 was $191,500 in October 2024, up 3.9% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $120K-
N/A
3 $180K$191.5K
+6.4%
4 $223.5K$187.4K
-16.1%
5+ --
N/A

Summary: 19022 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 did not change, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19094
+6.8%
19078
+6.2%
19022
+3.9%
19029
+3.4%

Housing Supply in 19022, PA

How many homes are available in 19022, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1214+16.7%

Summary: The 19022 real estate market had 14 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 911
+22.2%
4 11
0.0%
5+ 22
0.0%

Summary: The 19022 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 remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19022, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 19022 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 19022, PA

How long does it take to sell a home in 19022, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days12 Days-47.8%

Summary: Homes in 19022 had an average of 12 days on market in Oct 2024, down by 47.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19022 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 19022; 100% of homes were sold within 30 days, 0% 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 19022, PA

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