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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19143 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 19143 was a Seller's Market.

Key Takeaway

19143 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 19143, PA

How much do homes in 19143, PA cost?

Median Sold Price

$180,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$9,666(+5.7%)

Key Takeaway

Homes in 19143 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 19143 was $180,000 in December 2024, up 5.7% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$225K
N/A
2 $110K$124K
+12.7%
3 $150K$155K
+3.3%
4 $222.5K$232.5K
+4.5%
5+ $500K$500K
0.0%

Summary: 19143 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 increased by 12.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19139
+12.0%
19142
+8.3%
19143
+5.7%
19146
-1.1%
19104
-4.5%

Housing Supply in 19143, PA

How many homes are available in 19143, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2612610.0%

Summary: The 19143 real estate market had 261 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1510
-33.3%
3 151150
-0.7%
4 7281
+12.5%
5+ 2219
-13.6%

Summary: The 19143 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 decreased by 33.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 13.6%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4739-17.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer54%28%18%

Key Takeaway

If you're buying a home in 19143, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 19143 in December 2024, down by 17.0% month-over-month. Of the 39 sold homes, 54% were sold under asking, 18% were sold at asking, and 28% 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

Dec 2023Dec 2024CHANGE
55 Days51 Days-7.9%

Summary: Homes in 19143 had an average of 51 days on market in Dec 2024, down by 7.9% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times56%28%15%

Key Takeaway

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

Summary: During December 2024, 39 homes were sold in 19143; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% 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 11 Days Ago

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