Is 19096, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19096 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19096 has remained a Seller's Market.

Key Takeaway

19096 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19096, PA

How much do homes in 19096, PA cost?

Median Sold Price

$660,000

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,000(+10.0%)

Key Takeaway

Homes in 19096 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 19096 was $660,000 in October 2024, up 10% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K$150K
0.0%
2 $235K$259.9K
+10.6%
3 $525K$575K
+9.5%
4 $805K$900K
+11.8%
5+ $1.4M$1.2M
-11.6%

Summary: 19096 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 10.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Zip Codes

19096
+10.0%
19066
+8.5%
19003
+3.2%
19151
+1.0%
19072
-18.2%

Housing Supply in 19096, PA

How many homes are available in 19096, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3027-10.0%

Summary: The 19096 real estate market had 27 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 20
-100.0%
3 87
-12.5%
4 108
-20.0%
5+ 910
+11.1%

Summary: The 19096 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 decreased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19096, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 19096 in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 19096, PA

How long does it take to sell a home in 19096, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days9 Days-18.8%

Summary: Homes in 19096 had an average of 9 days on market in Oct 2024, down by 18.8% compared to last year.

Breakdown of Home Sale Times

5 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 19096 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 19096; 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 4 Days Ago

Newest Listings in 19096, PA

Nearby Markets to 19096, PA