Is 19064, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19064 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19064 has remained a Seller's Market.

Key Takeaway

19064 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19064, PA

How much do homes in 19064, PA cost?

Median Sold Price

$467,500

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,066(+5.4%)

Key Takeaway

Homes in 19064 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 19064 was $467,500 in October 2024, up 5.4% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $332.5K$365K
+9.8%
3 $430K$455K
+5.8%
4 $525K$540K
+2.9%
5+ $680K$520K
-23.5%

Summary: 19064 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 9.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 23.5%.

Median Sold Price Compared To Nearby Zip Codes

19026
+6.0%
19018
+5.8%
19064
+5.4%
19070
0.1%
19081
-3.5%

Housing Supply in 19064, PA

How many homes are available in 19064, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4650+8.7%

Summary: The 19064 real estate market had 50 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2526
+4.0%
4 1216
+33.3%
5+ 33
0.0%

Summary: The 19064 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 increased by 4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

5 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 19064, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 19064 in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% were sold over asking.

Days on Market for 19064, PA

How long does it take to sell a home in 19064, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days16 Days-42.9%

Summary: Homes in 19064 had an average of 16 days on market in Oct 2024, down by 42.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19064 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in 19064; 88% of homes were sold within 30 days, 13% 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 19064, PA

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