Is 19125, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19125 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19125 has remained a Seller's Market.

Key Takeaway

19125 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19125, PA

How much do homes in 19125, PA cost?

Median Sold Price

$385,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,500(+4.8%)

Key Takeaway

Homes in 19125 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 19125 was $385,000 in October 2024, up 4.8% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $303.5K$330K
+8.7%
2 $275K$303.5K
+10.4%
3 $447K$415K
-7.2%
4 $495K$605K
+22.2%
5+ $555K$357K
-35.7%

Summary: 19125 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 35.7%.

Median Sold Price Compared To Nearby Zip Codes

19133
+19.8%
19123
+10.5%
19125
+4.8%
19122
-2.1%
19134
-16.8%

Housing Supply in 19125, PA

How many homes are available in 19125, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
260277+6.5%

Summary: The 19125 real estate market had 277 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 8187
+7.4%
3 130129
-0.8%
4 4050
+25.0%
5+ 46
+50.0%

Summary: The 19125 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4749+4.3%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19125, you may be able to get a good deal. 40.8% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 19125 in October 2024, up by 4.3% month-over-month. Of the 49 sold homes, 41% were sold under asking, 31% were sold at asking, and 29% were sold over asking.

Days on Market for 19125, PA

How long does it take to sell a home in 19125, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days34 Days-30.3%

Summary: Homes in 19125 had an average of 34 days on market in Oct 2024, down by 30.3% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19125 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 49 homes were sold in 19125; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% 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 19125, PA

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