Is 19344, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19344 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19344 has remained a Seller's Market.

Key Takeaway

19344 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19344, PA

How much do homes in 19344, PA cost?

Median Sold Price

$415,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,700(+10.6%)

Key Takeaway

Homes in 19344 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 19344 was $415,000 in November 2024, up 10.6% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $349.6K$460K
+31.6%
3 $357.3K$400K
+11.9%
4 $450K$527.3K
+17.2%
5+ $709K$657K
-7.3%

Summary: 19344 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 7.3%.

Median Sold Price Compared To Nearby Zip Codes

19343
+16.1%
19344
+10.6%
19543
+7.8%
19520
+2.2%

Housing Supply in 19344, PA

How many homes are available in 19344, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2621-19.2%

Summary: The 19344 real estate market had 21 homes for sale in November 2024, a 19.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1310
-23.1%
4 1110
-9.1%
5+ 10
-100.0%

Summary: The 19344 housing inventory by bedroom type for November 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 23.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19344, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 19344 in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 19344, PA

How long does it take to sell a home in 19344, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days38 Days+630.8%

Summary: Homes in 19344 had an average of 38 days on market in Nov 2024, up by 630.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19344 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 19344; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

Newest Listings in 19344, PA

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