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 October 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

$286,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,000(-6.2%)

Key Takeaway

Homes in 19505 have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in 19505 was $286,000 in October 2024, down 6.2% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $262.4K$250K
-4.7%
3 $310K$277K
-10.6%
4 $330K$382.4K
+15.9%
5+ --
N/A

Summary: 19505 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 4.7%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19504
+12.8%
19512
+11.1%
18011
+7.6%
19525
-1.2%
19505
-6.2%

Housing Supply in 19505, PA

How many homes are available in 19505, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The 19505 real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 54
-20.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The 19505 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
39 Days58 Days+47.5%

Summary: Homes in 19505 had an average of 58 days on market in Oct 2024, up by 47.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 19505 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 19505; 0% of homes were sold within 30 days, 100% 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 14 Days Ago

Newest Listings in 19505, PA

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