$4,038 Closing Credit*
$340,000
1,807 SqFt
4 Beds
•1 Full Bath
Edward C Kneedler, Listing Office: RE/MAX Realty Services-Bensalem
Is 19114, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 19114 has remained a Seller's Market.
Key Takeaway
19114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19114, PA
How much do homes in 19114, PA cost?
Median Sold Price
$305,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,666(+4.7%)
Key Takeaway
Homes in 19114 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 19114 was $305,000 in October 2024, up 4.7% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $214.5K | -4.7% |
| 2 Bedrooms | $237.7K | $245K | +3.0% |
| 3 Bedrooms | $299.4K | $315K | +5.2% |
| 4 Bedrooms | $416.5K | $376.5K | -9.6% |
| 5+ Bedrooms | - | $574.9K | N/A |
Summary: 19114 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes did not change.
Housing Supply in 19114, PA
How many homes are available in 19114, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 | 109 | +2.8% |
Summary: The 19114 real estate market had 109 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 31 | 32 | +3.2% |
| 3 Bedrooms | 50 | 51 | +2.0% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 19114 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 30 | +15.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19114, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 19114 in October 2024, up by 15.4% month-over-month. Of the 30 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for 19114, PA
How long does it take to sell a home in 19114, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 35 Days | +27.6% |
Summary: Homes in 19114 had an average of 35 days on market in Oct 2024, up by 27.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19114 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in 19114; 63% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
