Is 19562, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19562 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 19562 has remained a Seller's Market.

Key Takeaway

19562 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19562, PA

How much do homes in 19562, PA cost?

Median Sold Price

$269,900

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,900(+10.2%)

Key Takeaway

Homes in 19562 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 19562 was $269,900 in October 2024, up 10.2% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $250K$272.5K
+9.0%
4 $210K$345K
+64.3%
5+ -$269.9K
N/A

Summary: 19562 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 did not change, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes did not change.

Housing Supply in 19562, PA

How many homes are available in 19562, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The 19562 real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 23
+50.0%
5+ 10
-100.0%

Summary: The 19562 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19562, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 19562 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for 19562, PA

How long does it take to sell a home in 19562, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days14 Days+193.3%

Summary: Homes in 19562 had an average of 14 days on market in Oct 2024, up by 193.3% compared to last year.

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 19562 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 19562; 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 21 Days Ago

Newest Listings in 19562, PA

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