Is 19505, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19505 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19505 has remained a Seller's Market.

Key Takeaway

19505 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19505, PA

How much do homes in 19505, PA cost?

Median Sold Price

$294,500

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,500(-1.8%)

Key Takeaway

Homes in 19505 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 19505 was $294,500 in November 2024, down 1.8% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $262.4K$250K
-4.7%
3 $288.5K$300K
+4.0%
4 $330K$382.4K
+15.9%
5+ --
N/A

Summary: 19505 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19512
+7.6%
18011
+7.5%
19504
+0.6%
19525
+0.6%
19505
-1.8%

Housing Supply in 19505, PA

How many homes are available in 19505, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
96-33.3%

Summary: The 19505 real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 40
-100.0%
3 45
+25.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 19505 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer50%50%

Key Takeaway

If you're buying a home in 19505, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 19505 in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 19505, PA

How long does it take to sell a home in 19505, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
6 Days38 Days+484.6%

Summary: Homes in 19505 had an average of 38 days on market in Nov 2024, up by 484.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times50%50%

Key Takeaway

Many homes in 19505 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 19505; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 19505, PA

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