Is 19138, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19138 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 19138 was a Seller's Market.

Key Takeaway

19138 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19138, PA

How much do homes in 19138, PA cost?

Median Sold Price

$200,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,000(+8.1%)

Key Takeaway

Homes in 19138 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 19138 was $200,000 in December 2024, up 8.1% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $225K$240K
+6.7%
2 $125K$110K
-12.0%
3 $179K$195K
+8.9%
4 $249.5K$254K
+1.8%
5+ $230K$263.5K
+14.6%

Summary: 19138 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Zip Codes

19126
+19.3%
19141
+11.1%
19138
+8.1%
19150
+3.8%
19119
+1.3%

Housing Supply in 19138, PA

How many homes are available in 19138, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
118121+2.5%

Summary: The 19138 real estate market had 121 homes for sale in December 2024, a 2.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 9294
+2.2%
4 1414
0.0%
5+ 66
0.0%

Summary: The 19138 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19138, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 19138 in December 2024, down by 5.6% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 19138, PA

How long does it take to sell a home in 19138, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days54 Days+17.1%

Summary: Homes in 19138 had an average of 54 days on market in Dec 2024, up by 17.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 19138 has remained consistent over time.

Summary: During December 2024, 17 homes were sold in 19138; 35% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 18% 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 2 Days Ago

Newest Listings in 19138, PA

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