$5,926 Closing Credit*
$499,000
1,610 SqFt
3 Beds
•3 Full Baths
Trista Factor, Listing Office: HomeSmart Nexus Realty Group - Newtown
Is 19046, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 19046 has remained a Seller's Market.
Key Takeaway
19046 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19046, PA
How much do homes in 19046, PA cost?
Median Sold Price
$482,450
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$32,450(+7.2%)
Key Takeaway
Homes in 19046 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 19046 was $482,450 in December 2024, up 7.2% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151K | $146K | -3.3% |
| 2 Bedrooms | $199.9K | $227.5K | +13.8% |
| 3 Bedrooms | $406K | $396.2K | -2.4% |
| 4 Bedrooms | $570K | $641K | +12.5% |
| 5+ Bedrooms | $649.9K | $862.5K | +32.7% |
Summary: 19046 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 13.8%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 32.7%.
Housing Supply in 19046, PA
How many homes are available in 19046, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 39 | 31 | -20.5% |
Summary: The 19046 real estate market had 31 homes for sale in December 2024, a 20.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 19046 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19046, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 19046 in December 2024, up by 18.2% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for 19046, PA
How long does it take to sell a home in 19046, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 17 Days | 39 Days | +127.0% |
Summary: Homes in 19046 had an average of 39 days on market in Dec 2024, up by 127% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19046 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 13 homes were sold in 19046; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
