Is 19132, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19132 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 19132 was a Seller's Market.

Key Takeaway

19132 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19132, PA

How much do homes in 19132, PA cost?

Median Sold Price

$80,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,000(-15.8%)

Key Takeaway

Homes in 19132 have sold for 15.8% less than they did a year ago.

Summary: The median home sold price in 19132 was $80,000 in October 2024, down 15.8% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $75K$75K
0.0%
3 $88.5K$80K
-9.6%
4 $135K$161.5K
+19.6%
5+ $150K$142.5K
-5.0%

Summary: 19132 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 did not change, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Zip Codes

19133
+19.8%
19129
+9.0%
19121
+5.3%
19132
-15.8%
19140
-21.4%

Housing Supply in 19132, PA

How many homes are available in 19132, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
186221+18.8%

Summary: The 19132 real estate market had 221 homes for sale in October 2024, a 18.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3749
+32.4%
3 121132
+9.1%
4 1828
+55.6%
5+ 1012
+20.0%

Summary: The 19132 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 32.4%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19132, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 19132 in October 2024, down by 8.3% month-over-month. Of the 22 sold homes, 64% were sold under asking, 23% were sold at asking, and 14% were sold over asking.

Days on Market for 19132, PA

How long does it take to sell a home in 19132, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days57 Days+19.3%

Summary: Homes in 19132 had an average of 57 days on market in Oct 2024, up by 19.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19132 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 19132; 55% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% 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 20 Days Ago

Newest Listings in 19132, PA

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