Is 19606, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 19606 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 19606 has remained a Seller's Market.

Key Takeaway

19606 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 19606, PA

How much do homes in 19606, PA cost?

Median Sold Price

$270,900

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,900(+8.4%)

Key Takeaway

Homes in 19606 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 19606 was $270,900 in November 2024, up 8.4% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$150K
+7.1%
2 $175K$210K
+20.0%
3 $233.7K$255K
+9.1%
4 $364.9K$351K
-3.8%
5+ $280K$333K
+18.9%

Summary: 19606 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Zip Codes

19602
+29.5%
19604
+22.9%
19560
+10.4%
19606
+8.4%
19508
-1.6%

Housing Supply in 19606, PA

How many homes are available in 19606, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
115105-8.7%

Summary: The 19606 real estate market had 105 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 5656
0.0%
4 4330
-30.2%
5+ 67
+16.7%

Summary: The 19606 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 increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30.2%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3738+2.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 19606, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.

Summary: A total of 38 homes were sold or pending in 19606 in November 2024, up by 2.7% month-over-month. Of the 38 sold homes, 29% were sold under asking, 13% were sold at asking, and 58% were sold over asking.

Days on Market for 19606, PA

How long does it take to sell a home in 19606, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days15 Days+64.9%

Summary: Homes in 19606 had an average of 15 days on market in Nov 2024, up by 64.9% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 19606 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 38 homes were sold in 19606; 82% of homes were sold within 30 days, 18% 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 17 Days Ago

Newest Listings in 19606, PA

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