Is 19462, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19462 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19462 has remained a Seller's Market.

Key Takeaway

19462 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19462, PA

How much do homes in 19462, PA cost?

Median Sold Price

$550,000

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,000(+11.1%)

Key Takeaway

Homes in 19462 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 19462 was $550,000 in November 2024, up 11.1% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $230K$210K
-8.7%
2 $317.5K$244.9K
-22.9%
3 $450K$490K
+8.9%
4 $550K$715K
+30.0%
5+ $1.1M$721.5K
-34.6%

Summary: 19462 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 34.6%.

Median Sold Price Compared To Nearby Zip Codes

19444
+17.5%
19462
+11.1%
19401
+10.3%
19422
+6.8%
19428
+4.4%

Housing Supply in 19462, PA

How many homes are available in 19462, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4850+4.2%

Summary: The 19462 real estate market had 50 homes for sale in November 2024, a 4.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 24
+100.0%
3 1718
+5.9%
4 2320
-13.0%
5+ 67
+16.7%

Summary: The 19462 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
717+142.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19462, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 19462 in November 2024, up by 142.9% month-over-month. Of the 17 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.

Days on Market for 19462, PA

How long does it take to sell a home in 19462, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days22 Days+18.2%

Summary: Homes in 19462 had an average of 22 days on market in Nov 2024, up by 18.2% 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 19462 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in 19462; 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 21 Days Ago

Newest Listings in 19462, PA

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