Is 19403, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19403 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19403 has remained a Seller's Market.

Key Takeaway

19403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19403, PA

How much do homes in 19403, PA cost?

Median Sold Price

$405,666

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,666(+6.5%)

Key Takeaway

Homes in 19403 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 19403 was $405,666 in October 2024, up 6.5% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $182.5K$175K
-4.1%
2 $250K$267.5K
+7.0%
3 $364.2K$400K
+9.8%
4 $500K$550K
+10.0%
5+ $600K$515K
-14.2%

Summary: 19403 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 14.2%.

Median Sold Price Compared To Nearby Zip Codes

19401
+9.9%
19406
+7.6%
19403
+6.5%
19422
+5.9%
19426
+4.4%

Housing Supply in 19403, PA

How many homes are available in 19403, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
116135+16.4%

Summary: The 19403 real estate market had 135 homes for sale in October 2024, a 16.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 2736
+33.3%
3 3846
+21.1%
4 3839
+2.6%
5+ 1313
0.0%

Summary: The 19403 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 33.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2235+59.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19403, expect to pay close to the asking price. 34.3% of homes here sold near the asking price last month.

Summary: A total of 35 homes were sold or pending in 19403 in October 2024, up by 59.1% month-over-month. Of the 35 sold homes, 31% were sold under asking, 34% were sold at asking, and 34% were sold over asking.

Days on Market for 19403, PA

How long does it take to sell a home in 19403, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days29 Days+112.8%

Summary: Homes in 19403 had an average of 29 days on market in Oct 2024, up by 112.8% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19403 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 35 homes were sold in 19403; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

Newest Listings in 19403, PA

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