$2,374 Closing Credit*
$199,900
1,475 SqFt
Mohammad Sabir, Listing Office: RE/MAX Preferred - Malvern
Is 19104, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 19104 has remained a Buyer's Market.
Key Takeaway
19104 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19104, PA
How much do homes in 19104, PA cost?
Median Sold Price
$209,900
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$60,100(-22.3%)
Key Takeaway
Homes in 19104 have sold for 22.3% less than they did a year ago.
Summary: The median home sold price in 19104 was $209,900 in November 2024, down 22.3% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $190K | $135K | -28.9% |
| 3 Bedrooms | $210K | $180K | -14.3% |
| 4 Bedrooms | $399.9K | $395K | -1.2% |
| 5+ Bedrooms | $439.9K | $310K | -29.5% |
Summary: 19104 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 28.9%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 29.5%.
Housing Supply in 19104, PA
How many homes are available in 19104, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 89 | +12.7% |
Summary: The 19104 real estate market had 89 homes for sale in November 2024, a 12.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 13 | +62.5% |
| 3 Bedrooms | 32 | 33 | +3.1% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 27 | 28 | +3.7% |
Summary: The 19104 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 62.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 3.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19104, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 19104 in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 19104, PA
How long does it take to sell a home in 19104, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 50 Days | -30.6% |
Summary: Homes in 19104 had an average of 50 days on market in Nov 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 19104 has remained consistent over time.
Summary: During November 2024, 6 homes were sold in 19104; 17% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
