Is 19382, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19382 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19382 has remained a Seller's Market.

Key Takeaway

19382 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19382, PA

How much do homes in 19382, PA cost?

Median Sold Price

$591,000

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,166(-1.2%)

Key Takeaway

Homes in 19382 have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in 19382 was $591,000 in October 2024, down 1.2% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$225K
0.0%
2 $276.5K$275K
-0.5%
3 $513.7K$525K
+2.2%
4 $705K$734.4K
+4.2%
5+ $980K$997.5K
+1.8%

Summary: 19382 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 decreased by 0.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Zip Codes

19380
+5.3%
19382
-1.2%

Housing Supply in 19382, PA

How many homes are available in 19382, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
157171+8.9%

Summary: The 19382 real estate market had 171 homes for sale in October 2024, a 8.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 2629
+11.5%
3 4450
+13.6%
4 5962
+5.1%
5+ 2427
+12.5%

Summary: The 19382 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4238-9.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19382, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 19382 in October 2024, down by 9.5% month-over-month. Of the 38 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.

Days on Market for 19382, PA

How long does it take to sell a home in 19382, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days28 Days+90.5%

Summary: Homes in 19382 had an average of 28 days on market in Oct 2024, up by 90.5% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19382 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 38 homes were sold in 19382; 82% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 5% 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 21 Days Ago

Newest Listings in 19382, PA

Nearby Markets to 19382, PA