$5,284 Closing Credit*
$445,000
2,180 SqFt
4 Beds
•2 Full Baths, 1 Partial
Kathleen M Santy, Listing Office: Coldwell Banker Hearthside
Is 19047, 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, 19047 has remained a Seller's Market.
Key Takeaway
19047 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19047, PA
How much do homes in 19047, PA cost?
Median Sold Price
$541,500
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,500(+7.7%)
Key Takeaway
Homes in 19047 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 19047 was $541,500 in October 2024, up 7.7% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $255K | +7.4% |
| 2 Bedrooms | $447.5K | $345K | -22.9% |
| 3 Bedrooms | $415K | $467K | +12.5% |
| 4 Bedrooms | $650K | $630K | -3.1% |
| 5+ Bedrooms | $520K | $676K | +30.0% |
Summary: 19047 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 30%.
Housing Supply in 19047, PA
How many homes are available in 19047, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 82 | 0.0% |
Summary: The 19047 real estate market had 82 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 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 32 | 35 | +9.4% |
| 4 Bedrooms | 40 | 32 | -20.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 19047 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 increased by 60%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19047, you could pay more than the asking price. 64% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 19047 in October 2024, down by 7.4% month-over-month. Of the 25 sold homes, 28% were sold under asking, 8% were sold at asking, and 64% were sold over asking.
Days on Market for 19047, PA
How long does it take to sell a home in 19047, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 12 Days | -24.1% |
Summary: Homes in 19047 had an average of 12 days on market in Oct 2024, down by 24.1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19047 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in 19047; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
