$10,000 Closing Credit*
$995,000
4,015 SqFt
Christopher K Somers, Listing Office: KW Empower
Is 19122, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 19122 was a Seller's Market.
Key Takeaway
19122 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19122, PA
How much do homes in 19122, PA cost?
Median Sold Price
$378,150
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,300(-1.1%)
Key Takeaway
Homes in 19122 have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in 19122 was $378,150 in November 2024, down 1.1% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $335K | +9.8% |
| 2 Bedrooms | $291K | $322K | +10.7% |
| 3 Bedrooms | $475K | $415K | -12.6% |
| 4 Bedrooms | $385K | $399K | +3.6% |
| 5+ Bedrooms | $275K | $252.5K | -8.2% |
Summary: 19122 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 10.7%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 8.2%.
Housing Supply in 19122, PA
How many homes are available in 19122, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 117 | 136 | +16.2% |
Summary: The 19122 real estate market had 136 homes for sale in November 2024, a 16.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 35 | 40 | +14.3% |
| 3 Bedrooms | 42 | 51 | +21.4% |
| 4 Bedrooms | 33 | 36 | +9.1% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 19122 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19122, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 19122 in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for 19122, PA
How long does it take to sell a home in 19122, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 103 Days | +70.6% |
Summary: Homes in 19122 had an average of 103 days on market in Nov 2024, up by 70.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 19122 has remained consistent over time.
Summary: During November 2024, 11 homes were sold in 19122; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
