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 4 Days Ago

Newest Listings in 19145, PA

Nearby Markets to 19145, PA