Is 19086, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19086 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19086 has remained a Seller's Market.

Key Takeaway

19086 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19086, PA

How much do homes in 19086, PA cost?

Median Sold Price

$435,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,000(+16.0%)

Key Takeaway

Homes in 19086 have sold for 16% more than they did a year ago.

Summary: The median home sold price in 19086 was $435,000 in October 2024, up 16% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$199K
+20.6%
2 $200K$258.5K
+29.3%
3 $345K$382.5K
+10.9%
4 $617.2K$605K
-2.0%
5+ $707.5K$847.5K
+19.8%

Summary: 19086 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.6%, 2 bedroom homes increased by 29.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Zip Codes

19086
+16.0%
19094
+6.8%
19015
0.2%
19063
-0.4%
19081
-3.5%

Housing Supply in 19086, PA

How many homes are available in 19086, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
38380.0%

Summary: The 19086 real estate market had 38 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 810
+25.0%
3 1210
-16.7%
4 1614
-12.5%
5+ 02
+100.0%

Summary: The 19086 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 increased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19086, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 19086 in October 2024, the same as the previous month. Of the 11 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.

Days on Market for 19086, PA

How long does it take to sell a home in 19086, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days11 Days+49.8%

Summary: Homes in 19086 had an average of 11 days on market in Oct 2024, up by 49.8% compared to last year.

Breakdown of Home Sale Times

9 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 19086 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 19086; 82% of homes were sold within 30 days, 18% 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 19086, PA

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