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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19138 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19138 has remained a Seller's Market.

Key Takeaway

19138 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19138, PA

How much do homes in 19138, PA cost?

Median Sold Price

$195,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,700(+4.1%)

Key Takeaway

Homes in 19138 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 19138 was $195,000 in October 2024, up 4.1% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$240K
+6.7%
2 $135K$119K
-11.9%
3 $185K$185K
0.0%
4 $262.5K$255K
-2.9%
5+ $230K$120K
-47.8%

Summary: 19138 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 47.8%.

Median Sold Price Compared To Nearby Zip Codes

19126
+12.2%
19150
+6.0%
19141
+5.1%
19138
+4.1%
19119
+3.4%

Housing Supply in 19138, PA

How many homes are available in 19138, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
151141-6.6%

Summary: The 19138 real estate market had 141 homes for sale in October 2024, a 6.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 69
+50.0%
3 123110
-10.6%
4 1716
-5.9%
5+ 55
0.0%

Summary: The 19138 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3224-25.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 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. 45.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 19138 in October 2024, down by 25.0% month-over-month. Of the 24 sold homes, 46% were sold under asking, 33% were sold at asking, and 21% 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

Oct 2023Oct 2024CHANGE
27 Days36 Days+32.2%

Summary: Homes in 19138 had an average of 36 days on market in Oct 2024, up by 32.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19138 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 19138; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 4 Days Ago

Newest Listings in 19138, PA

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