Is 19094, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19094 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19094 has remained a Seller's Market.

Key Takeaway

19094 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19094, PA

How much do homes in 19094, PA cost?

Median Sold Price

$267,500

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,000(+6.8%)

Key Takeaway

Homes in 19094 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 19094 was $267,500 in October 2024, up 6.8% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $225K$243.5K
+8.2%
3 $253K$267.5K
+5.7%
4 $328.7K$375K
+14.1%
5+ -$475K
N/A

Summary: 19094 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19033
+21.1%
19094
+6.8%
19078
+6.2%
19022
+3.9%
19081
-3.5%

Housing Supply in 19094, PA

How many homes are available in 19094, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The 19094 real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 52
-60.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 19094 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 remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was 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 19094, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 19094 in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 19094, PA

How long does it take to sell a home in 19094, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days8 Days-51.0%

Summary: Homes in 19094 had an average of 8 days on market in Oct 2024, down by 51% compared to last year.

Breakdown of Home Sale Times

3 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 19094 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 19094; 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 14 Days Ago

Newest Listings in 19094, PA

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