Is 19151, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19151 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 19151 was a Seller's Market.

Key Takeaway

19151 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 19151, PA

How much do homes in 19151, PA cost?

Median Sold Price

$195,000

$146/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 19151 has remained the same since last year.

Summary: The median home sold price in 19151 was $195,000 in November 2024, the same as last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $130K$99.6K
-23.3%
3 $186K$190K
+2.2%
4 $235K$255.4K
+8.7%
5+ $327.5K$400K
+22.1%

Summary: 19151 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 decreased by 23.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 22.1%.

Median Sold Price Compared To Nearby Zip Codes

19096
+16.8%
19139
+10.1%
19131
+3.6%
19151
0.0%

Housing Supply in 19151, PA

How many homes are available in 19151, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
93930.0%

Summary: The 19151 real estate market had 93 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 6873
+7.4%
4 1412
-14.3%
5+ 97
-22.2%

Summary: The 19151 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 decreased by 50%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2013-35.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19151, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 19151 in November 2024, down by 35.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.

Days on Market for 19151, PA

How long does it take to sell a home in 19151, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days33 Days+43.0%

Summary: Homes in 19151 had an average of 33 days on market in Nov 2024, up by 43% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19151 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 19151; 54% of homes were sold within 30 days, 38% 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 17 Days Ago

Newest Listings in 19151, PA

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