Is 19120, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19120 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19120 has remained a Seller's Market.

Key Takeaway

19120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19120, PA

How much do homes in 19120, PA cost?

Median Sold Price

$186,056

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,056(+9.4%)

Key Takeaway

Homes in 19120 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 19120 was $186,056 in November 2024, up 9.4% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $335K-
N/A
2 $140K$140K
0.0%
3 $165.6K$185K
+11.7%
4 $200K$221.4K
+10.7%
5+ $230K$238.5K
+3.7%

Summary: 19120 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

19012
+23.7%
19126
+17.9%
19120
+9.4%
19141
+5.8%
19124
+5.4%

Housing Supply in 19120, PA

How many homes are available in 19120, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
170172+1.2%

Summary: The 19120 real estate market had 172 homes for sale in November 2024, a 1.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 142141
-0.7%
4 1717
0.0%
5+ 11
0.0%

Summary: The 19120 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 30%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2934+17.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19120, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 19120 in November 2024, up by 17.2% month-over-month. Of the 34 sold homes, 44% were sold under asking, 35% were sold at asking, and 21% were sold over asking.

Days on Market for 19120, PA

How long does it take to sell a home in 19120, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days35 Days-0.6%

Summary: Homes in 19120 had an average of 35 days on market in Nov 2024, down by 0.6% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19120 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 34 homes were sold in 19120; 65% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 15% 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 21 Days Ago

Newest Listings in 19120, PA

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