$2,375 Closing Credit*
$199,999
1,206 SqFt
2 Beds
•1 Full Bath
Rozena Blocker
Is 19131, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 19131 was a Seller's Market.
Key Takeaway
19131 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 19131, PA
How much do homes in 19131, PA cost?
Median Sold Price
$175,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,750(+4.0%)
Key Takeaway
Homes in 19131 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 19131 was $175,000 in October 2024, up 4% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $145K | -1.7% |
| 2 Bedrooms | $151.5K | $172K | +13.5% |
| 3 Bedrooms | $168.2K | $165K | -1.9% |
| 4 Bedrooms | $202K | $198.2K | -1.9% |
| 5+ Bedrooms | $355K | $300K | -15.5% |
Summary: 19131 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 13.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 15.5%.
Housing Supply in 19131, PA
How many homes are available in 19131, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 144 | 153 | +6.3% |
Summary: The 19131 real estate market had 153 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 85 | 82 | -3.5% |
| 4 Bedrooms | 31 | 35 | +12.9% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 19131 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 20 | -33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 19131, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 19131 in October 2024, down by 33.3% month-over-month. Of the 20 sold homes, 65% were sold under asking, 30% were sold at asking, and 5% were sold over asking.
Days on Market for 19131, PA
How long does it take to sell a home in 19131, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 33 Days | -6.9% |
Summary: Homes in 19131 had an average of 33 days on market in Oct 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19131 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 19131; 55% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
