Is 19144, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19144 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 19144 was a Seller's Market.

Key Takeaway

19144 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 19144, PA

How much do homes in 19144, PA cost?

Median Sold Price

$212,333

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,333(+11.8%)

Key Takeaway

Homes in 19144 have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in 19144 was $212,333 in October 2024, up 11.8% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $275K$225K
-18.2%
2 $87.5K$183K
+109.1%
3 $185.6K$190K
+2.4%
4 $195K$239K
+22.6%
5+ $288.9K$336.5K
+16.5%

Summary: 19144 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 109.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Zip Codes

19144
+11.8%
19129
+9.0%
19141
+5.1%
19138
+4.1%
19119
+3.4%

Housing Supply in 19144, PA

How many homes are available in 19144, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
147165+12.2%

Summary: The 19144 real estate market had 165 homes for sale in October 2024, a 12.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 87
-12.5%
2 1315
+15.4%
3 6572
+10.8%
4 2631
+19.2%
5+ 3540
+14.3%

Summary: The 19144 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2025+25.0%

Asking Price vs. Sold Price

15 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 19144, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 19144 in October 2024, up by 25.0% month-over-month. Of the 25 sold homes, 60% were sold under asking, 16% were sold at asking, and 24% were sold over asking.

Days on Market for 19144, PA

How long does it take to sell a home in 19144, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
82 Days57 Days-30.7%

Summary: Homes in 19144 had an average of 57 days on market in Oct 2024, down by 30.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19144 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 25 homes were sold in 19144; 48% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 16% 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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