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 5 Days Ago

Newest Listings in 19317, PA

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