Is 19106, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19106 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 19106 was a Seller's Market.

Key Takeaway

19106 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19106, PA

How much do homes in 19106, PA cost?

Median Sold Price

$416,000

$379/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,250(+5.9%)

Key Takeaway

Homes in 19106 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 19106 was $416,000 in November 2024, up 5.9% from last year, and the median price per square foot was $379.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $307.7K$290K
-5.8%
2 $480K$495K
+3.1%
3 $880K$903.9K
+2.7%
4 $1.4M$1.3M
-5.8%
5+ $1.5M$1.6M
+5.7%

Summary: 19106 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

19123
+11.1%
19106
+5.9%
19107
+3.6%
19147
+3.4%

Housing Supply in 19106, PA

How many homes are available in 19106, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
139142+2.2%

Summary: The 19106 real estate market had 142 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4746
-2.1%
2 3942
+7.7%
3 2424
0.0%
4 2124
+14.3%
5+ 86
-25.0%

Summary: The 19106 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19106, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 19106 in November 2024, down by 5.9% month-over-month. Of the 16 sold homes, 69% were sold under asking, 6% were sold at asking, and 25% were sold over asking.

Days on Market for 19106, PA

How long does it take to sell a home in 19106, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
70 Days47 Days-32.1%

Summary: Homes in 19106 had an average of 47 days on market in Nov 2024, down by 32.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19106 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 19106; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% 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 19106, PA

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