Is 19090, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19090 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19090 has remained a Seller's Market.

Key Takeaway

19090 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19090, PA

How much do homes in 19090, PA cost?

Median Sold Price

$400,000

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,500(+10.0%)

Key Takeaway

Homes in 19090 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 19090 was $400,000 in November 2024, up 10% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $273K$272.2K
-0.3%
3 $378K$400K
+5.8%
4 $393.7K$437.5K
+11.1%
5+ $340K$483.1K
+42.1%

Summary: 19090 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 decreased by 0.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 42.1%.

Median Sold Price Compared To Nearby Zip Codes

19025
+22.2%
19006
+12.6%
19090
+10.0%
19001
+5.1%
19040
0.5%

Housing Supply in 19090, PA

How many homes are available in 19090, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2624-7.7%

Summary: The 19090 real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1713
-23.5%
4 67
+16.7%
5+ 21
-50.0%

Summary: The 19090 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 increased by 200%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19090, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 19090 in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.

Days on Market for 19090, PA

How long does it take to sell a home in 19090, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days11 Days-34.3%

Summary: Homes in 19090 had an average of 11 days on market in Nov 2024, down by 34.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19090 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 19090; 90% of homes were sold within 30 days, 10% 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 19090, PA

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