$2,018 Closing Credit*
$169,900
1,243 SqFt
4 Beds
•1 Full Bath, 1 Partial
Jose Ramon Acosta, Listing Office: Iron Valley Real Estate of Berks
Is 19602, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 19602 has remained a Seller's Market.
Key Takeaway
19602 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19602, PA
How much do homes in 19602, PA cost?
Median Sold Price
$136,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,000(+29.5%)
Key Takeaway
Homes in 19602 have sold for 29.5% more than they did a year ago.
Summary: The median home sold price in 19602 was $136,000 in November 2024, up 29.5% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $53.5K | $64K | +19.6% |
| 2 Bedrooms | $77.4K | $89.9K | +16.1% |
| 3 Bedrooms | $96.7K | $115.1K | +19.0% |
| 4 Bedrooms | $110K | $150K | +36.4% |
| 5+ Bedrooms | $142.5K | $161K | +13.0% |
Summary: 19602 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 13%.
Housing Supply in 19602, PA
How many homes are available in 19602, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The 19602 real estate market had 35 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 19602 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19602, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 19602 in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% were sold over asking.
Days on Market for 19602, PA
How long does it take to sell a home in 19602, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 23 Days | +33.6% |
Summary: Homes in 19602 had an average of 23 days on market in Nov 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19602 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 19602; 62% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
