Is 19026, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19026 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19026 has remained a Seller's Market.

Key Takeaway

19026 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19026, PA

How much do homes in 19026, PA cost?

Median Sold Price

$307,333

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,333(+6.0%)

Key Takeaway

Homes in 19026 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 19026 was $307,333 in October 2024, up 6% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $192.5K$207K
+7.5%
3 $247.5K$260K
+5.1%
4 $360K$395K
+9.7%
5+ $415K$486.3K
+17.2%

Summary: 19026 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 7.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 17.2%.

Median Sold Price Compared To Nearby Zip Codes

19050
+12.9%
19083
+8.5%
19026
+6.0%
19018
+5.8%
19082
+5.6%

Housing Supply in 19026, PA

How many homes are available in 19026, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10098-2.0%

Summary: The 19026 real estate market had 98 homes for sale in October 2024, a 2.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 5148
-5.9%
4 2524
-4.0%
5+ 2325
+8.7%

Summary: The 19026 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 decreased by 5.9%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3127-12.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19026, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 19026 in October 2024, down by 12.9% month-over-month. Of the 27 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.

Days on Market for 19026, PA

How long does it take to sell a home in 19026, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days25 Days+131.6%

Summary: Homes in 19026 had an average of 25 days on market in Oct 2024, up by 131.6% compared to last year.

Breakdown of Home Sale Times

21 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 19026 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in 19026; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% 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 19026, PA

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