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 November 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

$260,500

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,500(+10.4%)

Key Takeaway

Homes in 19560 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 19560 was $260,500 in November 2024, up 10.4% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$155K
N/A
2 $199K$208.5K
+4.8%
3 $231K$261.5K
+13.2%
4 $252.5K$261K
+3.4%
5+ $300K$360K
+20.0%

Summary: 19560 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 increased by 4.8%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Zip Codes

19604
+22.9%
19560
+10.4%
19510
+8.8%
19522
+4.8%
19605
-0.5%

Housing Supply in 19560, PA

How many homes are available in 19560, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2418-25.0%

Summary: The 19560 real estate market had 18 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1310
-23.1%
4 74
-42.9%
5+ 11
0.0%

Summary: The 19560 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 remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
990.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 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 November 2024, the same as the previous month. Of the 9 sold homes, 11% were sold under asking, 33% 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

Nov 2023Nov 2024CHANGE
21 Days13 Days-37.5%

Summary: Homes in 19560 had an average of 13 days on market in Nov 2024, down by 37.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 9 homes were sold in 19560; 89% of homes were sold within 30 days, 11% 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 18 Days Ago

Newest Listings in 19560, PA

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