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 October 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

$320,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+6.7%)

Key Takeaway

Homes in 19154 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 19154 was $320,000 in October 2024, up 6.7% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $227.5K$192.5K
-15.4%
2 $257.5K$281.5K
+9.3%
3 $305K$320K
+4.9%
4 $342.5K$350K
+2.2%
5+ $490K$467.5K
-4.6%

Summary: 19154 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Zip Codes

19020
+8.0%
19154
+6.7%
19116
+5.0%
19114
+4.7%

Housing Supply in 19154, PA

How many homes are available in 19154, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8193+14.8%

Summary: The 19154 real estate market had 93 homes for sale in October 2024, a 14.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 127
-41.7%
3 6181
+32.8%
4 73
-57.1%
5+ 00
0.0%

Summary: The 19154 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 decreased by 41.7%, 3 bedroom homes increased by 32.8%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3130-3.2%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

3 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. 56.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 19154 in October 2024, down by 3.2% month-over-month. Of the 30 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% 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

Oct 2023Oct 2024CHANGE
12 Days28 Days+137.7%

Summary: Homes in 19154 had an average of 28 days on market in Oct 2024, up by 137.7% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 30 homes were sold in 19154; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% 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 13 Days Ago

Newest Listings in 19154, PA

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