Is 19127, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19127 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19127 has remained a Seller's Market.

Key Takeaway

19127 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19127, PA

How much do homes in 19127, PA cost?

Median Sold Price

$370,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+13.8%)

Key Takeaway

Homes in 19127 have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in 19127 was $370,000 in October 2024, up 13.8% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $262.5K$275K
+4.8%
3 $320K$370K
+15.6%
4 $477K$449K
-5.9%
5+ $409.9K$390K
-4.9%

Summary: 19127 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 4.8%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 4.9%.

Median Sold Price Compared To Nearby Zip Codes

19127
+13.8%
19129
+9.0%
19004
+4.7%
19128
+4.3%

Housing Supply in 19127, PA

How many homes are available in 19127, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4345+4.7%

Summary: The 19127 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 11
0.0%
2 53
-40.0%
3 1920
+5.3%
4 1717
0.0%
5+ 14
+300.0%

Summary: The 19127 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 40%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19127, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 19127 in October 2024, down by 38.5% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 19127, PA

How long does it take to sell a home in 19127, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days28 Days+24.4%

Summary: Homes in 19127 had an average of 28 days on market in Oct 2024, up by 24.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19127 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 19127; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 19127, PA

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