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 October 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

$340,750

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,250(+9.0%)

Key Takeaway

Homes in 19129 have sold for 9% more than they did a year ago.

Summary: The median home sold price in 19129 was $340,750 in October 2024, up 9% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $175K-
N/A
2 $260K$275K
+5.8%
3 $335K$350K
+4.5%
4 $382.5K$545K
+42.5%
5+ $540K$715K
+32.4%

Summary: 19129 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 5.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes increased by 32.4%.

Median Sold Price Compared To Nearby Zip Codes

19144
+11.8%
19129
+9.0%
19004
+4.7%
19132
-15.8%
19140
-21.4%

Housing Supply in 19129, PA

How many homes are available in 19129, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4851+6.3%

Summary: The 19129 real estate market had 51 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 3436
+5.9%
4 77
0.0%
5+ 22
0.0%

Summary: The 19129 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 increased by 25%, 3 bedroom homes increased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 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, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 19129 in October 2024, up by 37.5% month-over-month. Of the 11 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
16 Days20 Days+26.3%

Summary: Homes in 19129 had an average of 20 days on market in Oct 2024, up by 26.3% compared to last year.

Breakdown of Home Sale Times

9 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 19129 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 19129; 82% of homes were sold within 30 days, 18% 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 19129, PA

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