Is 19506, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19506 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 19506 has remained a Seller's Market.

Key Takeaway

19506 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19506, PA

How much do homes in 19506, PA cost?

Median Sold Price

$315,000

$160/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$32,350(+11.4%)

Key Takeaway

Homes in 19506 have sold for 11.4% more than they did a month ago.

Summary: The median home sold price in 19506 was $315,000 in November 2024, up 11.4% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $137.8K-
N/A
2 --
N/A
3 -$479K
N/A
4 $427.5K$305.5K
-28.5%
5+ --
N/A

Summary: 19506 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 28.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

19551
+50.3%
19506
+11.4%

Housing Supply in 19506, PA

How many homes are available in 19506, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
911+22.2%

Summary: The 19506 real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 38
+166.7%
4 53
-40.0%
5+ 00
0.0%

Summary: The 19506 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 166.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19506, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 19506 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for 19506, PA

How long does it take to sell a home in 19506, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days5 Days-65.5%

Summary: Homes in 19506 had an average of 5 days on market in Nov 2024, down by 65.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19506 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 19506; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 19506, PA

Nearby Markets to 19506, PA