Is 19129, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19129 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 19129 has remained a Seller's Market.

Key Takeaway

19129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19129, PA

How much do homes in 19129, PA cost?

Median Sold Price

$347,500

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$42,500(+13.9%)

Key Takeaway

Homes in 19129 have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in 19129 was $347,500 in December 2024, up 13.9% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $165K-
N/A
2 $250K$275.5K
+10.2%
3 $327.5K$354.9K
+8.4%
4 $400K$587.5K
+46.9%
5+ $550K$732.5K
+33.2%

Summary: 19129 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 10.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 46.9%, and 5+ bedroom homes increased by 33.2%.

Median Sold Price Compared To Nearby Zip Codes

19140
+17.6%
19129
+13.9%
19144
+12.6%
19004
+4.6%
19132
-12.0%

Housing Supply in 19129, PA

How many homes are available in 19129, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4437-15.9%

Summary: The 19129 real estate market had 37 homes for sale in December 2024, a 15.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 03
+100.0%
2 44
0.0%
3 2920
-31.0%
4 88
0.0%
5+ 32
-33.3%

Summary: The 19129 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 31%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19129, 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 19129 in December 2024, down by 30.8% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for 19129, PA

How long does it take to sell a home in 19129, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
28 Days15 Days-45.9%

Summary: Homes in 19129 had an average of 15 days on market in Dec 2024, down by 45.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19129 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 9 homes were sold in 19129; 89% of homes were sold within 30 days, 11% 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 7 Days Ago

Newest Listings in 19129, PA

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