Is 19454, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19454 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19454 has remained a Seller's Market.

Key Takeaway

19454 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19454, PA

How much do homes in 19454, PA cost?

Median Sold Price

$475,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+5.6%)

Key Takeaway

Homes in 19454 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 19454 was $475,000 in October 2024, up 5.6% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $186K$223K
+19.9%
2 $305K$275K
-9.8%
3 $410K$451K
+10.0%
4 $730K$740K
+1.4%
5+ $627.5K$877.5K
+39.8%

Summary: 19454 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.9%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 39.8%.

Median Sold Price Compared To Nearby Zip Codes

19002
+11.4%
19446
+7.4%
19454
+5.6%

Housing Supply in 19454, PA

How many homes are available in 19454, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6058-3.3%

Summary: The 19454 real estate market had 58 homes for sale in October 2024, a 3.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1513
-13.3%
3 2315
-34.8%
4 1926
+36.8%
5+ 13
+200.0%

Summary: The 19454 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 34.8%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1917-10.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19454, you may be able to get a good deal. 35.3% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 19454 in October 2024, down by 10.5% month-over-month. Of the 17 sold homes, 35% were sold under asking, 29% were sold at asking, and 35% were sold over asking.

Days on Market for 19454, PA

How long does it take to sell a home in 19454, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days25 Days+257.8%

Summary: Homes in 19454 had an average of 25 days on market in Oct 2024, up by 257.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19454 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 19454; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% 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 5 Days Ago

Newest Listings in 19454, PA

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