Is 19082, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19082 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19082 has remained a Seller's Market.

Key Takeaway

19082 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19082, PA

How much do homes in 19082, PA cost?

Median Sold Price

$190,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,100(+5.6%)

Key Takeaway

Homes in 19082 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 19082 was $190,000 in October 2024, up 5.6% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $68.5K$96K
+40.1%
2 $125K$118K
-5.6%
3 $178K$190K
+6.7%
4 $238K$240K
+0.8%
5+ $290.5K$330K
+13.6%

Summary: 19082 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.1%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 13.6%.

Median Sold Price Compared To Nearby Zip Codes

19050
+12.9%
19139
+10.1%
19026
+6.0%
19082
+5.6%
19151
+1.0%

Housing Supply in 19082, PA

How many homes are available in 19082, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
115120+4.3%

Summary: The 19082 real estate market had 120 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1616
0.0%
3 7573
-2.7%
4 1417
+21.4%
5+ 1013
+30.0%

Summary: The 19082 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 30%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2330+30.4%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19082, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 19082 in October 2024, up by 30.4% month-over-month. Of the 30 sold homes, 53% were sold under asking, 20% were sold at asking, and 27% were sold over asking.

Days on Market for 19082, PA

How long does it take to sell a home in 19082, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days38 Days+91.2%

Summary: Homes in 19082 had an average of 38 days on market in Oct 2024, up by 91.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19082 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 30 homes were sold in 19082; 60% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 3% 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 19082, PA

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