$8,669 Closing Credit*
$730,000
2,205 SqFt
6 Beds
•5 Full Baths
Rainny Truscott, Listing Office: Keller Williams Realty Devon-Wayne
Is 19118, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 19118 has remained a Seller's Market.
Key Takeaway
19118 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19118, PA
How much do homes in 19118, PA cost?
Median Sold Price
$932,500
$318/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$182,500(+24.3%)
Key Takeaway
Homes in 19118 have sold for 24.3% more than they did a month ago.
Summary: The median home sold price in 19118 was $932,500 in December 2024, up 24.3% from last month, and the median price per square foot was $318.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.6M | $576K | -66.0% |
| 3 Bedrooms | $545.5K | $860K | +57.7% |
| 4 Bedrooms | $700K | $932.5K | +33.2% |
| 5+ Bedrooms | $4.4M | $1.5M | -64.5% |
Summary: 19118 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 66%, 3 bedroom homes increased by 57.7%, 4 bedroom homes increased by 33.2%, and 5+ bedroom homes decreased by 64.5%.
Median Sold Price Compared To Nearby Zip Codes
| 19118 | $750K | $932.5K | +24.3% |
| 19031 | $593K | $425K | -28.3% |
Housing Supply in 19118, PA
How many homes are available in 19118, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 42 | 33 | -21.4% |
Summary: The 19118 real estate market had 33 homes for sale in December 2024, a 21.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 19118 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 decreased by 25%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 19118, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 19118 in December 2024, up by 11.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for 19118, PA
How long does it take to sell a home in 19118, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 Days | 66 Days | +136.6% |
Summary: Homes in 19118 had an average of 66 days on market in Dec 2024, up by 136.6% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 19118 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 10 homes were sold in 19118; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
