Is 19311, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19311 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 19311 has remained a Seller's Market.

Key Takeaway

19311 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19311, PA

How much do homes in 19311, PA cost?

Median Sold Price

$660,500

$169/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$60,500(+10.1%)

Key Takeaway

Homes in 19311 have sold for 10.1% more than they did a month ago.

Summary: The median home sold price in 19311 was $660,500 in October 2024, up 10.1% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$468K
N/A
3 $550K$580K
+5.5%
4 $600K$692.7K
+15.5%
5+ $690K$799.9K
+15.9%

Summary: 19311 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 15.9%.

Housing Supply in 19311, PA

How many homes are available in 19311, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2120-4.8%

Summary: The 19311 real estate market had 20 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 1112
+9.1%
5+ 32
-33.3%

Summary: The 19311 housing inventory by bedroom type for October 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 20%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19311, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 19311 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for 19311, PA

How long does it take to sell a home in 19311, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days8 Days-68.8%

Summary: Homes in 19311 had an average of 8 days on market in Oct 2024, down by 68.8% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19311 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 19311; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in 19311, PA

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