Is 19143, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19143 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 19143 was a Neutral Market.

Key Takeaway

19143 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19143, PA

How much do homes in 19143, PA cost?

Median Sold Price

$179,292

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,292(+2.5%)

Key Takeaway

Homes in 19143 have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in 19143 was $179,292 in October 2024, up 2.5% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$210K
N/A
2 $130K$109.7K
-15.6%
3 $155K$155K
0.0%
4 $224K$232.5K
+3.8%
5+ $499.9K$538.9K
+7.8%

Summary: 19143 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 15.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

19139
+10.1%
19143
+2.5%
19146
-0.5%
19142
-7.7%
19104
-12.5%

Housing Supply in 19143, PA

How many homes are available in 19143, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
272300+10.3%

Summary: The 19143 real estate market had 300 homes for sale in October 2024, a 10.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1716
-5.9%
3 154177
+14.9%
4 6978
+13.0%
5+ 3027
-10.0%

Summary: The 19143 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 decreased by 5.9%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4439-11.4%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19143, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 19143 in October 2024, down by 11.4% month-over-month. Of the 39 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.

Days on Market for 19143, PA

How long does it take to sell a home in 19143, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days45 Days+4.5%

Summary: Homes in 19143 had an average of 45 days on market in Oct 2024, up by 4.5% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19143 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 39 homes were sold in 19143; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 21% 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

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