Is 19063, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19063 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19063 has remained a Seller's Market.

Key Takeaway

19063 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19063, PA

How much do homes in 19063, PA cost?

Median Sold Price

$575,000

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-0.4%)

Key Takeaway

The sold price of homes in 19063 has remained the same since last year.

Summary: The median home sold price in 19063 was $575,000 in October 2024, down 0.4% from last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195K$231K
+18.5%
2 $263.5K$360K
+36.6%
3 $500K$500K
0.0%
4 $676K$680K
+0.6%
5+ $976.2K$917.5K
-6.0%

Summary: 19063 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.5%, 2 bedroom homes increased by 36.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 6%.

Median Sold Price Compared To Nearby Zip Codes

19086
+16.0%
19014
+5.9%
19064
+5.4%
19015
0.2%
19063
-0.4%

Housing Supply in 19063, PA

How many homes are available in 19063, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10292-9.8%

Summary: The 19063 real estate market had 92 homes for sale in October 2024, a 9.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1210
-16.7%
3 3223
-28.1%
4 3435
+2.9%
5+ 2323
0.0%

Summary: The 19063 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 decreased by 16.7%, 3 bedroom homes decreased by 28.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2920-31.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19063, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 19063 in October 2024, down by 31.0% month-over-month. Of the 20 sold homes, 45% were sold under asking, 15% were sold at asking, and 40% were sold over asking.

Days on Market for 19063, PA

How long does it take to sell a home in 19063, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days28 Days+57.4%

Summary: Homes in 19063 had an average of 28 days on market in Oct 2024, up by 57.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19063 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 19063; 65% of homes were sold within 30 days, 35% 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 19063, PA

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