$6,947 Closing Credit*
$585,000
2,311 SqFt
3 Beds
•3 Full Baths
Deneen Sweeney, Listing Office: Keller Williams Real Estate - West Chester
Is 19342, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 19342 has remained a Seller's Market.
Key Takeaway
19342 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19342, PA
How much do homes in 19342, PA cost?
Median Sold Price
$625,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,750(+2.4%)
Key Takeaway
Homes in 19342 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 19342 was $625,000 in October 2024, up 2.4% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $199K | +28.4% |
| 2 Bedrooms | $340K | $362.5K | +6.6% |
| 3 Bedrooms | $540K | $559.7K | +3.7% |
| 4 Bedrooms | $781.5K | $750K | -4.0% |
| 5+ Bedrooms | $735K | $977K | +32.9% |
Summary: 19342 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.4%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 32.9%.
Housing Supply in 19342, PA
How many homes are available in 19342, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 63 | +16.7% |
Summary: The 19342 real estate market had 63 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 21 | 30 | +42.9% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 19342 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 increased by 37.5%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19342, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 19342 in October 2024, up by 33.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for 19342, PA
How long does it take to sell a home in 19342, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 41 Days | +237.3% |
Summary: Homes in 19342 had an average of 41 days on market in Oct 2024, up by 237.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19342 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in 19342; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
