$3,563 Closing Credit*
$300,000
6,100 SqFt
Zylkia R Rivera, Listing Office: Keller Williams Platinum Realty - Wyomissing
Is 19601, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 19601 has remained a Seller's Market.
Key Takeaway
19601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19601, PA
How much do homes in 19601, PA cost?
Median Sold Price
$175,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+16.7%)
Key Takeaway
Homes in 19601 have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in 19601 was $175,000 in October 2024, up 16.7% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $109.5K | $135K | +23.3% |
| 3 Bedrooms | $151.5K | $174.9K | +15.4% |
| 4 Bedrooms | $142.5K | $175K | +22.8% |
| 5+ Bedrooms | $155K | $177.9K | +14.8% |
Summary: 19601 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 23.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 14.8%.
Housing Supply in 19601, PA
How many homes are available in 19601, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 35 | -30.0% |
Summary: The 19601 real estate market had 35 homes for sale in October 2024, a 30.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 2 | -66.7% |
| 4 Bedrooms | 18 | 10 | -44.4% |
| 5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The 19601 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 50%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 11 | -47.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19601, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 19601 in October 2024, down by 47.6% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for 19601, PA
How long does it take to sell a home in 19601, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 34 Days | +7.1% |
Summary: Homes in 19601 had an average of 34 days on market in Oct 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19601 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 19601; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
