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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19126 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 19126 has remained a Seller's Market.

Key Takeaway

19126 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19126, PA

How much do homes in 19126, PA cost?

Median Sold Price

$262,500

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$42,500(+19.3%)

Key Takeaway

Homes in 19126 have sold for 19.3% more than they did a year ago.

Summary: The median home sold price in 19126 was $262,500 in December 2024, up 19.3% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $170K$270K
+58.8%
3 $187.5K$230K
+22.7%
4 $279.4K$285K
+2.0%
5+ $332K$339.9K
+2.4%

Summary: 19126 housing prices by bedroom type for December 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 22.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

19012
+28.2%
19126
+19.3%
19027
+14.3%
19120
+10.6%
19138
+8.1%

Housing Supply in 19126, PA

How many homes are available in 19126, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4439-11.4%

Summary: The 19126 real estate market had 39 homes for sale in December 2024, a 11.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2323
0.0%
4 139
-30.8%
5+ 76
-14.3%

Summary: The 19126 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 19126 in December 2024, down by 30.8% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% 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

Dec 2023Dec 2024CHANGE
33 Days37 Days+12.4%

Summary: Homes in 19126 had an average of 37 days on market in Dec 2024, up by 12.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 9 homes were sold in 19126; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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 19126, PA

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