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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19145 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19145 has remained a Seller's Market.

Key Takeaway

19145 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19145, PA

How much do homes in 19145, PA cost?

Median Sold Price

$265,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-1.9%)

Key Takeaway

Homes in 19145 have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in 19145 was $265,000 in October 2024, down 1.9% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $249.5K$236.5K
-5.2%
3 $265.1K$265K
0%
4 $392K$339.5K
-13.4%
5+ $600K$530K
-11.7%

Summary: 19145 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 5.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes decreased by 11.7%.

Median Sold Price Compared To Nearby Zip Codes

19143
+2.5%
19148
0%
19146
-0.5%
19145
-1.9%

Housing Supply in 19145, PA

How many homes are available in 19145, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
233275+18.0%

Summary: The 19145 real estate market had 275 homes for sale in October 2024, a 18.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 5359
+11.3%
3 141168
+19.1%
4 3539
+11.4%
5+ 48
+100.0%

Summary: The 19145 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3047+56.7%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 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. 74.5% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in 19145 in October 2024, up by 56.7% month-over-month. Of the 47 sold homes, 74% were sold under asking, 9% were sold at asking, and 17% 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

Oct 2023Oct 2024CHANGE
45 Days84 Days+84.7%

Summary: Homes in 19145 had an average of 84 days on market in Oct 2024, up by 84.7% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

16 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 October 2024, 47 homes were sold in 19145; 43% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 34% 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 21 Days Ago

Newest Listings in 19145, PA

Nearby Markets to 19145, PA