$2,850 Closing Credit*
$240,000
1,046 SqFt
3 Beds
•2 Full Baths
Edward J Levin, Listing Office: American Destiny Real Estate-Philadelphia
Is 19115, 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, 19115 has remained a Seller's Market.
Key Takeaway
19115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19115, PA
How much do homes in 19115, PA cost?
Median Sold Price
$370,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+10.4%)
Key Takeaway
Homes in 19115 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 19115 was $370,000 in October 2024, up 10.4% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.5K | $170.5K | +0.6% |
| 2 Bedrooms | $265K | $273K | +3.0% |
| 3 Bedrooms | $338.2K | $365K | +7.9% |
| 4 Bedrooms | $470K | $509K | +8.3% |
| 5+ Bedrooms | $600K | $595K | -0.8% |
Summary: 19115 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in 19115, PA
How many homes are available in 19115, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 50 | -12.3% |
Summary: The 19115 real estate market had 50 homes for sale in October 2024, a 12.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 30 | 25 | -16.7% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 19115 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 11 | -45.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19115, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 19115 in October 2024, down by 45.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for 19115, PA
How long does it take to sell a home in 19115, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 13 Days | -28.3% |
Summary: Homes in 19115 had an average of 13 days on market in Oct 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19115 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 19115; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
