Is 19102, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19102 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 19102 was a Seller's Market.

Key Takeaway

19102 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19102, PA

How much do homes in 19102, PA cost?

Median Sold Price

$322,500

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,500(+13.2%)

Key Takeaway

Homes in 19102 have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in 19102 was $322,500 in October 2024, up 13.2% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $263.5K$278K
+5.5%
2 $385K$457.5K
+18.8%
3 $560K$1.3M
+144.0%
4 $2.3M$2.7M
+17.4%
5+ $134.1K$1.9M
+1385.8%

Summary: 19102 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 144%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 1385.8%.

Median Sold Price Compared To Nearby Zip Codes

19102
+13.2%
19130
+8.0%
19107
+1.3%
19103
-7.2%

Housing Supply in 19102, PA

How many homes are available in 19102, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7583+10.7%

Summary: The 19102 real estate market had 83 homes for sale in October 2024, a 10.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2930
+3.4%
2 2831
+10.7%
3 1315
+15.4%
4 46
+50.0%
5+ 11
0.0%

Summary: The 19102 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19102, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 19102 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for 19102, PA

How long does it take to sell a home in 19102, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
73 Days27 Days-62.7%

Summary: Homes in 19102 had an average of 27 days on market in Oct 2024, down by 62.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19102 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 19102; 57% of homes were sold within 30 days, 43% 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 21 Days Ago

Newest Listings in 19102, PA

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