Is 19145, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19145 is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, 19145 has remained a Neutral Market.

Key Takeaway

19145 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 19145, PA

How much do homes in 19145, PA cost?

Median Sold Price

$265,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,500(-1.7%)

Key Takeaway

Homes in 19145 have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in 19145 was $265,000 in November 2024, down 1.7% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $235K$239K
+1.7%
3 $266K$265K
-0.4%
4 $404.9K$339K
-16.3%
5+ $600K$492.5K
-17.9%

Summary: 19145 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 17.9%.

Median Sold Price Compared To Nearby Zip Codes

19143
+5.2%
19148
+2.7%
19146
-1.1%
19145
-1.7%

Housing Supply in 19145, PA

How many homes are available in 19145, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
240238-0.8%

Summary: The 19145 real estate market had 238 homes for sale in November 2024, a 0.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 4754
+14.9%
3 150138
-8.0%
4 3638
+5.6%
5+ 67
+16.7%

Summary: The 19145 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.9%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5034-32.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19145, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 19145 in November 2024, down by 32.0% month-over-month. Of the 34 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.

Days on Market for 19145, PA

How long does it take to sell a home in 19145, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days59 Days+16.8%

Summary: Homes in 19145 had an average of 59 days on market in Nov 2024, up by 16.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19145 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 34 homes were sold in 19145; 44% of homes were sold within 30 days, 41% 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 22 Days Ago

Newest Listings in 19145, PA

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