Is 19146, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19146 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 19146 was a Seller's Market.

Key Takeaway

19146 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19146, PA

How much do homes in 19146, PA cost?

Median Sold Price

$432,975

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,975(-0.5%)

Key Takeaway

The sold price of homes in 19146 has remained the same since last year.

Summary: The median home sold price in 19146 was $432,975 in October 2024, down 0.5% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $289.9K$307.5K
+6.0%
2 $350K$370K
+5.7%
3 $454.2K$432.5K
-4.8%
4 $650K$672.5K
+3.5%
5+ $337.5K$589.9K
+74.8%

Summary: 19146 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 74.8%.

Median Sold Price Compared To Nearby Zip Codes

19147
+2.3%
19107
+1.3%
19146
-0.5%
19145
-1.9%
19103
-7.2%

Housing Supply in 19146, PA

How many homes are available in 19146, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
337373+10.7%

Summary: The 19146 real estate market had 373 homes for sale in October 2024, a 10.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1716
-5.9%
2 8897
+10.2%
3 165184
+11.5%
4 6168
+11.5%
5+ 68
+33.3%

Summary: The 19146 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4448+9.1%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19146, you may be able to get a good deal. 60.4% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 19146 in October 2024, up by 9.1% month-over-month. Of the 48 sold homes, 60% were sold under asking, 17% were sold at asking, and 23% were sold over asking.

Days on Market for 19146, PA

How long does it take to sell a home in 19146, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days36 Days-31.5%

Summary: Homes in 19146 had an average of 36 days on market in Oct 2024, down by 31.5% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19146 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 48 homes were sold in 19146; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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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