Is 19139, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19139 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 19139 was a Seller's Market.

Key Takeaway

19139 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19139, PA

How much do homes in 19139, PA cost?

Median Sold Price

$145,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,250(+10.1%)

Key Takeaway

Homes in 19139 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 19139 was $145,000 in October 2024, up 10.1% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $72.4K$70K
-3.4%
3 $127.7K$134.5K
+5.3%
4 $190K$200K
+5.3%
5+ $272.2K$270K
-0.8%

Summary: 19139 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 decreased by 3.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Zip Codes

19139
+10.1%
19131
+4.0%
19143
+2.5%
19151
+1.0%
19104
-12.5%

Housing Supply in 19139, PA

How many homes are available in 19139, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
167196+17.4%

Summary: The 19139 real estate market had 196 homes for sale in October 2024, a 17.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 113137
+21.2%
4 2934
+17.2%
5+ 1312
-7.7%

Summary: The 19139 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 8.3%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2423-4.2%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19139, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 19139 in October 2024, down by 4.2% month-over-month. Of the 23 sold homes, 70% were sold under asking, 26% were sold at asking, and 4% were sold over asking.

Days on Market for 19139, PA

How long does it take to sell a home in 19139, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days56 Days-2.8%

Summary: Homes in 19139 had an average of 56 days on market in Oct 2024, down by 2.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19139 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 19139; 43% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 22% 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 19139, PA

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