Is 19317, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19317 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19317 has remained a Seller's Market.

Key Takeaway

19317 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19317, PA

How much do homes in 19317, PA cost?

Median Sold Price

$670,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$21,500(-3.1%)

Key Takeaway

Homes in 19317 have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in 19317 was $670,000 in October 2024, down 3.1% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180K-
N/A
2 $315K$417.4K
+32.5%
3 $460K$477.5K
+3.8%
4 $861.2K$755K
-12.3%
5+ $875K$1.3M
+48.6%

Summary: 19317 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes increased by 48.6%.

Median Sold Price Compared To Nearby Zip Codes

19060
+10.3%
19807
+3.9%
19382
-1.2%
19317
-3.1%

Housing Supply in 19317, PA

How many homes are available in 19317, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4350+16.3%

Summary: The 19317 real estate market had 50 homes for sale in October 2024, a 16.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 04
+100.0%
3 1014
+40.0%
4 1512
-20.0%
5+ 1819
+5.6%

Summary: The 19317 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 increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
916+77.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19317, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in 19317 in October 2024, up by 77.8% month-over-month. Of the 16 sold homes, 31% were sold under asking, 44% were sold at asking, and 25% were sold over asking.

Days on Market for 19317, PA

How long does it take to sell a home in 19317, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days21 Days+76.9%

Summary: Homes in 19317 had an average of 21 days on market in Oct 2024, up by 76.9% compared to last year.

Breakdown of Home Sale Times

10 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 19317 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in 19317; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% 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 20 Days Ago

Newest Listings in 19317, PA

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