$3,181 Closing Credit*
$267,900
1,373 SqFt
3 Beds
•1 Full Bath
Kevin P Gallagher, Listing Office: RE/MAX Town & Country
Is 19083, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 19083 has remained a Seller's Market.
Key Takeaway
19083 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19083, PA
How much do homes in 19083, PA cost?
Median Sold Price
$510,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+8.5%)
Key Takeaway
Homes in 19083 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 19083 was $510,000 in October 2024, up 8.5% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $146.7K | +4.8% |
| 2 Bedrooms | $200K | $175K | -12.5% |
| 3 Bedrooms | $449K | $465K | +3.6% |
| 4 Bedrooms | $550K | $585K | +6.4% |
| 5+ Bedrooms | $625K | $704.5K | +12.7% |
Summary: 19083 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 12.7%.
Housing Supply in 19083, PA
How many homes are available in 19083, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 107 | +23.0% |
Summary: The 19083 real estate market had 107 homes for sale in October 2024, a 23.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 45 | 49 | +8.9% |
| 4 Bedrooms | 28 | 37 | +32.1% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 19083 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 increased by 300%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 34 | +54.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19083, you could pay more than the asking price. 61.8% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in 19083 in October 2024, up by 54.5% month-over-month. Of the 34 sold homes, 35% were sold under asking, 3% were sold at asking, and 62% were sold over asking.
Days on Market for 19083, PA
How long does it take to sell a home in 19083, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 22 Days | -20.4% |
Summary: Homes in 19083 had an average of 22 days on market in Oct 2024, down by 20.4% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19083 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in 19083; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
