Is 19081, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19081 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 19081 was a Seller's Market.

Key Takeaway

19081 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 19081, PA

How much do homes in 19081, PA cost?

Median Sold Price

$360,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,000(-2.7%)

Key Takeaway

Homes in 19081 have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in 19081 was $360,000 in November 2024, down 2.7% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $147.5K$142.5K
-3.4%
2 $237.5K$238.5K
0.4%
3 $335K$357.5K
+6.7%
4 $715K$575K
-19.6%
5+ $879.3K$880K
0.1%

Summary: 19081 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes increased by 0.1%.

Median Sold Price Compared To Nearby Zip Codes

19094
+11.1%
19086
+10.8%
19033
+7.2%
19070
-2.4%
19081
-2.7%

Housing Supply in 19081, PA

How many homes are available in 19081, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2413-45.8%

Summary: The 19081 real estate market had 13 homes for sale in November 2024, a 45.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 76
-14.3%
3 105
-50.0%
4 10
-100.0%
5+ 31
-66.7%

Summary: The 19081 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
152-86.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19081, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 19081 in November 2024, down by 86.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 19081, PA

How long does it take to sell a home in 19081, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days3 Days-81.8%

Summary: Homes in 19081 had an average of 3 days on market in Nov 2024, down by 81.8% compared to last year.

Breakdown of Home Sale Times

2 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 19081 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 19081; 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 22 Days Ago

Newest Listings in 19081, PA

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