$4,394 Closing Credit*
$370,000
1,612 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kurtis A Marhefka, Listing Office: BHHS Fox & Roach-Doylestown
Is 19040, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 19040 has remained a Seller's Market.
Key Takeaway
19040 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19040, PA
How much do homes in 19040, PA cost?
Median Sold Price
$420,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,000(+0.5%)
Key Takeaway
The sold price of homes in 19040 has remained the same since last year.
Summary: The median home sold price in 19040 was $420,000 in November 2024, up 0.5% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | - | N/A |
| 2 Bedrooms | $228K | $280K | +22.8% |
| 3 Bedrooms | $395K | $380.5K | -3.7% |
| 4 Bedrooms | $462.5K | $485K | +4.9% |
| 5+ Bedrooms | $487K | $600K | +23.2% |
Summary: 19040 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.8%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 23.2%.
Housing Supply in 19040, PA
How many homes are available in 19040, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Summary: The 19040 real estate market had 33 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 19040 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 remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19040, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 19040 in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for 19040, PA
How long does it take to sell a home in 19040, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 14 Days | +6.9% |
Summary: Homes in 19040 had an average of 14 days on market in Nov 2024, up by 6.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19040 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 19040; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
