Is 19107, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19107 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 19107 was a Neutral Market.

Key Takeaway

19107 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19107, PA

How much do homes in 19107, PA cost?

Median Sold Price

$400,000

$377/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,900(+3.6%)

Key Takeaway

Homes in 19107 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 19107 was $400,000 in November 2024, up 3.6% from last year, and the median price per square foot was $377.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $286.5K$275K
-4.0%
2 $392.5K$422K
+7.5%
3 $826.5K$834.2K
+0.9%
4 $1.1M$850K
-23.4%
5+ $938.4K$1.3M
+42.0%

Summary: 19107 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes increased by 42%.

Median Sold Price Compared To Nearby Zip Codes

19106
+5.9%
19107
+3.6%

Housing Supply in 19107, PA

How many homes are available in 19107, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7583+10.7%

Summary: The 19107 real estate market had 83 homes for sale in November 2024, a 10.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2526
+4.0%
2 2934
+17.2%
3 1313
0.0%
4 68
+33.3%
5+ 22
0.0%

Summary: The 19107 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 17.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19107, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 19107 in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 19107, PA

How long does it take to sell a home in 19107, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days35 Days-9.3%

Summary: Homes in 19107 had an average of 35 days on market in Nov 2024, down by 9.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19107 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 19107; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 19107, PA

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