Is 19128, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19128 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19128 has remained a Seller's Market.

Key Takeaway

19128 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19128, PA

How much do homes in 19128, PA cost?

Median Sold Price

$365,083

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,116(+4.3%)

Key Takeaway

Homes in 19128 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 19128 was $365,083 in October 2024, up 4.3% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$179.9K
+5.8%
2 $245K$249.9K
+2.0%
3 $350K$365.1K
+4.3%
4 $435K$441K
+1.4%
5+ $452.5K$400K
-11.6%

Summary: 19128 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Zip Codes

19127
+13.8%
19144
+11.8%
19118
+6.7%
19128
+4.3%
19119
+3.4%

Housing Supply in 19128, PA

How many homes are available in 19128, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
162172+6.2%

Summary: The 19128 real estate market had 172 homes for sale in October 2024, a 6.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1215
+25.0%
3 8387
+4.8%
4 5657
+1.8%
5+ 1011
+10.0%

Summary: The 19128 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2739+44.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19128, you could pay more than the asking price. 41% of homes here sold above asking price last month.

Summary: A total of 39 homes were sold or pending in 19128 in October 2024, up by 44.4% month-over-month. Of the 39 sold homes, 31% were sold under asking, 28% were sold at asking, and 41% were sold over asking.

Days on Market for 19128, PA

How long does it take to sell a home in 19128, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days20 Days-22.0%

Summary: Homes in 19128 had an average of 20 days on market in Oct 2024, down by 22% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19128 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 39 homes were sold in 19128; 77% of homes were sold within 30 days, 23% 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 19128, PA

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