$6,828 Closing Credit*
$575,000
2,228 SqFt
3 Beds
•2 Full Baths, 1 Partial
Meghan E McGarrigle, Listing Office: RE/MAX Main Line-Paoli
Is 19355, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 19355 has remained a Seller's Market.
Key Takeaway
19355 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19355, PA
How much do homes in 19355, PA cost?
Median Sold Price
$775,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+6.2%)
Key Takeaway
Homes in 19355 have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in 19355 was $775,000 in November 2024, up 6.2% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $245K | +10.9% |
| 2 Bedrooms | $322.6K | $356.7K | +10.6% |
| 3 Bedrooms | $555.5K | $575K | +3.5% |
| 4 Bedrooms | $789.5K | $845K | +7.0% |
| 5+ Bedrooms | $1.3M | $1.5M | +15.1% |
Summary: 19355 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 19355, PA
How many homes are available in 19355, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 88 | -13.7% |
Summary: The 19355 real estate market had 88 homes for sale in November 2024, a 13.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 31 | 28 | -9.7% |
| 4 Bedrooms | 48 | 37 | -22.9% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The 19355 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19355, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 19355 in November 2024, down by 4.0% month-over-month. Of the 24 sold homes, 54% were sold under asking, 21% were sold at asking, and 25% were sold over asking.
Days on Market for 19355, PA
How long does it take to sell a home in 19355, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 25 Days | +12.4% |
Summary: Homes in 19355 had an average of 25 days on market in Nov 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19355 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 19355; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
