Is 19137, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19137 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19137 has remained a Seller's Market.

Key Takeaway

19137 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19137, PA

How much do homes in 19137, PA cost?

Median Sold Price

$237,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,200(+17.4%)

Key Takeaway

Homes in 19137 have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in 19137 was $237,000 in November 2024, up 17.4% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $180K$190K
+5.6%
3 $230K$262.5K
+14.1%
4 $277.5K$321.5K
+15.9%
5+ -$283.7K
N/A

Summary: 19137 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 increased by 5.6%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19137
+17.4%
08065
+14.3%
19124
+5.4%
19135
+5.4%
19134
+5.1%

Housing Supply in 19137, PA

How many homes are available in 19137, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3641+13.9%

Summary: The 19137 real estate market had 41 homes for sale in November 2024, a 13.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2834
+21.4%
4 21
-50.0%
5+ 22
0.0%

Summary: The 19137 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19137, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 19137 in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for 19137, PA

How long does it take to sell a home in 19137, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days23 Days-17.6%

Summary: Homes in 19137 had an average of 23 days on market in Nov 2024, down by 17.6% compared to last year.

Breakdown of Home Sale Times

6 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 19137 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 19137; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in 19137, PA

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