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 November 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

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since November 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 November 2024, down 15.8% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $75K$75K
0.0%
3 $88.5K$80K
-9.6%
4 $127.5K$169K
+32.5%
5+ $150K$148.4K
-1.1%

Summary: 19132 housing prices by bedroom type for November 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 32.5%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

19129
+13.1%
19133
+13.0%
19140
+8.6%
19121
+7.0%
19132
-15.8%

Housing Supply in 19132, PA

How many homes are available in 19132, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
205220+7.3%

Summary: The 19132 real estate market had 220 homes for sale in November 2024, a 7.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 4136
-12.2%
3 129147
+14.0%
4 2225
+13.6%
5+ 1211
-8.3%

Summary: The 19132 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2216-27.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 19132 in November 2024, down by 27.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 31% were sold at asking, and 6% 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

Nov 2023Nov 2024CHANGE
50 Days89 Days+77.6%

Summary: Homes in 19132 had an average of 89 days on market in Nov 2024, up by 77.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 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 November 2024, 16 homes were sold in 19132; 44% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 38% 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 21 Days Ago

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