Is 19115, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19115 is a seller's market

Buyer's
Market

Difference Since December 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

$375,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$35,000(+10.3%)

Key Takeaway

Homes in 19115 have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in 19115 was $375,000 in December 2024, up 10.3% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $169K$193.5K
+14.5%
2 $270K$275K
+1.9%
3 $351K$370K
+5.4%
4 $475K$495K
+4.2%
5+ $615K$530K
-13.8%

Summary: 19115 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 13.8%.

Median Sold Price Compared To Nearby Zip Codes

19115
+10.3%
19111
+8.8%
19152
+6.9%
19116
+6.6%
19114
+5.2%

Housing Supply in 19115, PA

How many homes are available in 19115, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5750-12.3%

Summary: The 19115 real estate market had 50 homes for sale in December 2024, a 12.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 55
0.0%
2 78
+14.3%
3 2820
-28.6%
4 1414
0.0%
5+ 33
0.0%

Summary: The 19115 housing inventory by bedroom type for December 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 decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19115, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 19115 in December 2024, up by 6.7% month-over-month. Of the 16 sold homes, 56% were sold under asking, 6% were sold at asking, and 38% 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

Dec 2023Dec 2024CHANGE
39 Days28 Days-26.5%

Summary: Homes in 19115 had an average of 28 days on market in Dec 2024, down by 26.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19115 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 16 homes were sold in 19115; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

Newest Listings in 19115, PA

Nearby Markets to 19115, PA