Is 19074, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19074 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 19074 was a Seller's Market.

Key Takeaway

19074 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19074, PA

How much do homes in 19074, PA cost?

Median Sold Price

$300,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,000(+20.0%)

Key Takeaway

Homes in 19074 have sold for 20% more than they did a year ago.

Summary: The median home sold price in 19074 was $300,000 in November 2024, up 20% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $165K$170K
+3.0%
3 $250.5K$285K
+13.8%
4 $267.5K$306K
+14.4%
5+ $258.7K$395K
+52.7%

Summary: 19074 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 52.7%.

Median Sold Price Compared To Nearby Zip Codes

19074
+20.0%
19076
+12.6%
19036
+5.1%
19032
+4.0%

Housing Supply in 19074, PA

How many homes are available in 19074, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
22220.0%

Summary: The 19074 real estate market had 22 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1210
-16.7%
4 810
+25.0%
5+ 11
0.0%

Summary: The 19074 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19074, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 19074 in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 19074, PA

How long does it take to sell a home in 19074, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days15 Days+57.9%

Summary: Homes in 19074 had an average of 15 days on market in Nov 2024, up by 57.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19074 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 19074; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 19074, PA

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