Is 19141, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19141 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 19141 has remained a Seller's Market.

Key Takeaway

19141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19141, PA

How much do homes in 19141, PA cost?

Median Sold Price

$200,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,000(+11.1%)

Key Takeaway

Homes in 19141 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 19141 was $200,000 in December 2024, up 11.1% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $165K$171K
+3.6%
4 $207.5K$239.5K
+15.4%
5+ $255K$295K
+15.7%

Summary: 19141 housing prices by bedroom type for December 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 increased by 3.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 15.7%.

Median Sold Price Compared To Nearby Zip Codes

19126
+19.3%
19140
+17.6%
19144
+12.6%
19141
+11.1%
19120
+10.6%

Housing Supply in 19141, PA

How many homes are available in 19141, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
9894-4.1%

Summary: The 19141 real estate market had 94 homes for sale in December 2024, a 4.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 5963
+6.8%
4 2721
-22.2%
5+ 108
-20.0%

Summary: The 19141 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 remained the same, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19141, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 19141 in December 2024, up by 14.3% month-over-month. Of the 16 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for 19141, PA

How long does it take to sell a home in 19141, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
73 Days32 Days-55.6%

Summary: Homes in 19141 had an average of 32 days on market in Dec 2024, down by 55.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19141 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 16 homes were sold in 19141; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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 19141, PA

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