Is 19560, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19560 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19560 has remained a Seller's Market.

Key Takeaway

19560 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19560, PA

How much do homes in 19560, PA cost?

Median Sold Price

$259,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,000(+6.6%)

Key Takeaway

Homes in 19560 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 19560 was $259,000 in October 2024, up 6.6% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$155K
N/A
2 $199K$218.2K
+9.7%
3 $239.6K$259.5K
+8.3%
4 $257.5K$258.5K
0.4%
5+ $375K$402.5K
+7.3%

Summary: 19560 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 increased by 9.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Zip Codes

19604
+23.1%
19522
+9.5%
19560
+6.6%
19605
+5.4%
19510
+5.4%

Housing Supply in 19560, PA

How many homes are available in 19560, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The 19560 real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1114
+27.3%
4 76
-14.3%
5+ 10
-100.0%

Summary: The 19560 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 33.3%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19560, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 19560 in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.

Days on Market for 19560, PA

How long does it take to sell a home in 19560, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days23 Days+78.3%

Summary: Homes in 19560 had an average of 23 days on market in Oct 2024, up by 78.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19560 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 19560; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

Newest Listings in 19560, PA

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