$8,906 Closing Credit*
$750,000
3,060 SqFt
Jie Chen, Listing Office: Home Max Realty
Is 19123, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 19123 was a Seller's Market.
Key Takeaway
19123 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19123, PA
How much do homes in 19123, PA cost?
Median Sold Price
$525,000
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+10.5%)
Key Takeaway
Homes in 19123 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 19123 was $525,000 in October 2024, up 10.5% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $303K | +6.3% |
| 2 Bedrooms | $416.2K | $400K | -3.9% |
| 3 Bedrooms | $639.2K | $592K | -7.4% |
| 4 Bedrooms | $612.5K | $774.9K | +26.5% |
| 5+ Bedrooms | $682.5K | $928.6K | +36.1% |
Summary: 19123 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes increased by 36.1%.
Housing Supply in 19123, PA
How many homes are available in 19123, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 135 | 159 | +17.8% |
Summary: The 19123 real estate market had 159 homes for sale in October 2024, a 17.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 26 | +13.0% |
| 2 Bedrooms | 35 | 41 | +17.1% |
| 3 Bedrooms | 53 | 63 | +18.9% |
| 4 Bedrooms | 17 | 23 | +35.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 19123 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19123, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 19123 in October 2024, up by 13.3% month-over-month. Of the 17 sold homes, 71% were sold under asking, 18% were sold at asking, and 12% were sold over asking.
Days on Market for 19123, PA
How long does it take to sell a home in 19123, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 53 Days | +26.3% |
Summary: Homes in 19123 had an average of 53 days on market in Oct 2024, up by 26.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 19123 has remained consistent over time.
Summary: During October 2024, 17 homes were sold in 19123; 35% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
