$1,425 Closing Credit*
$120,000
1,278 SqFt
3 Beds
•1 Full Bath
Megan Reiss, Listing Office: Keller Williams Main Line
Is 19111, 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, 19111 has remained a Seller's Market.
Key Takeaway
19111 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19111, PA
How much do homes in 19111, PA cost?
Median Sold Price
$295,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,050(+7.7%)
Key Takeaway
Homes in 19111 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 19111 was $295,500 in November 2024, up 7.7% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $228K | $272.4K | +19.5% |
| 2 Bedrooms | $269.9K | $275K | +1.9% |
| 3 Bedrooms | $270K | $286K | +5.9% |
| 4 Bedrooms | $327K | $339.9K | +3.9% |
| 5+ Bedrooms | $310K | $365K | +17.7% |
Summary: 19111 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 17.7%.
Housing Supply in 19111, PA
How many homes are available in 19111, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 141 | 148 | +5.0% |
Summary: The 19111 real estate market had 148 homes for sale in November 2024, a 5.0% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 107 | 113 | +5.6% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 19111 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 14.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19111, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in 19111 in November 2024, up by 29.0% month-over-month. Of the 40 sold homes, 33% were sold under asking, 28% were sold at asking, and 40% were sold over asking.
Days on Market for 19111, PA
How long does it take to sell a home in 19111, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 19 Days | -3.5% |
Summary: Homes in 19111 had an average of 19 days on market in Nov 2024, down by 3.5% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19111 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in 19111; 78% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
