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 4 Days Ago

Newest Listings in 19126, PA

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