Is 19034, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19034 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19034 has remained a Seller's Market.

Key Takeaway

19034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19034, PA

How much do homes in 19034, PA cost?

Median Sold Price

$803,500

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$191,000(+31.2%)

Key Takeaway

Homes in 19034 have sold for 31.2% more than they did a year ago.

Summary: The median home sold price in 19034 was $803,500 in October 2024, up 31.2% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $190K$186.6K
-1.8%
2 $350K$412.5K
+17.9%
3 $595K$401K
-32.6%
4 $637.5K$825K
+29.4%
5+ $687.5K$817.5K
+18.9%

Summary: 19034 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 17.9%, 3 bedroom homes decreased by 32.6%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Zip Codes

19034
+31.2%
19025
+22.5%
19075
+16.0%
19002
+11.4%
19031
-2.4%

Housing Supply in 19034, PA

How many homes are available in 19034, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1311-15.4%

Summary: The 19034 real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 98
-11.1%
5+ 21
-50.0%

Summary: The 19034 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 remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19034, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 19034 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 19034, PA

How long does it take to sell a home in 19034, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days17 Days+23.8%

Summary: Homes in 19034 had an average of 17 days on market in Oct 2024, up by 23.8% compared to last year.

Breakdown of Home Sale Times

2 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 19034 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 19034; 67% of homes were sold within 30 days, 33% 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 4 Days Ago

Newest Listings in 19034, PA

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