Is 19126, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19126 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 19126 was a Buyer's Market.

Key Takeaway

19126 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 19126, PA

How much do homes in 19126, PA cost?

Median Sold Price

$252,500

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,500(+12.2%)

Key Takeaway

Homes in 19126 have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in 19126 was $252,500 in October 2024, up 12.2% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $170K$270K
+58.8%
3 $190K$213.5K
+12.4%
4 $279.4K$280K
0.2%
5+ $330K$334.9K
+1.5%

Summary: 19126 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.8%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

19012
+22.3%
19126
+12.2%
19027
+9.4%
19120
+6.5%
19138
+4.1%

Housing Supply in 19126, PA

How many homes are available in 19126, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4345+4.7%

Summary: The 19126 real estate market had 45 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 2226
+18.2%
4 1315
+15.4%
5+ 74
-42.9%

Summary: The 19126 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 decreased by 100%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19126, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 19126 in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for 19126, PA

How long does it take to sell a home in 19126, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
79 Days79 Days-0.1%

Summary: Homes in 19126 had an average of 79 days on market in Oct 2024, down by 0.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19126 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 19126; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 22 Days Ago

Newest Listings in 19126, PA

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