$7,895 Closing Credit*
$664,800
2,118 SqFt
3 Beds
•2 Full Baths
Henry P Jacquelin, Listing Office: Quinn & Wilson, Inc.
Is 19040, 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, 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
$415,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,000(-0.7%)
Key Takeaway
Homes in 19040 have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in 19040 was $415,000 in October 2024, down 0.7% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | - | N/A |
| 2 Bedrooms | $226.5K | $279.5K | +23.4% |
| 3 Bedrooms | $394.9K | $380.5K | -3.6% |
| 4 Bedrooms | $462.5K | $478.5K | +3.5% |
| 5+ Bedrooms | $487K | $600K | +23.2% |
Summary: 19040 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 23.4%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 3.5%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Summary: The 19040 real estate market had 37 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 19040 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19040, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 19040 in October 2024, down by 35.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 15 Days | +6.5% |
Summary: Homes in 19040 had an average of 15 days on market in Oct 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
9 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 October 2024, 11 homes were sold in 19040; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
