Is 19154, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19154 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 19154 has remained a Seller's Market.

Key Takeaway

19154 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19154, PA

How much do homes in 19154, PA cost?

Median Sold Price

$319,866

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,866(+4.9%)

Key Takeaway

Homes in 19154 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 19154 was $319,866 in December 2024, up 4.9% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $227.5K$192.5K
-15.4%
2 $260K$281.5K
+8.3%
3 $310K$323K
+4.2%
4 $345K$350K
+1.4%
5+ $430K$467.5K
+8.7%

Summary: 19154 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Zip Codes

19020
+7.0%
19116
+6.6%
19114
+5.2%
19154
+4.9%

Housing Supply in 19154, PA

How many homes are available in 19154, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8580-5.9%

Summary: The 19154 real estate market had 80 homes for sale in December 2024, a 5.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 66
0.0%
3 7671
-6.6%
4 33
0.0%
5+ 00
0.0%

Summary: The 19154 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1930+57.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19154, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 19154 in December 2024, up by 57.9% month-over-month. Of the 30 sold homes, 43% were sold under asking, 17% were sold at asking, and 40% were sold over asking.

Days on Market for 19154, PA

How long does it take to sell a home in 19154, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
31 Days17 Days-43.2%

Summary: Homes in 19154 had an average of 17 days on market in Dec 2024, down by 43.2% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19154 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 30 homes were sold in 19154; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 19154, PA

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