Is 17003, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 17003 was a Neutral Market.
Key Takeaway
17003 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 17003, PA
How much do homes in 17003, PA cost?
Median Sold Price
$300,750
$169/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 17003 have sold for 37.5% less than they did a month ago.
Summary: The median home sold price in 17003 was $300,750 in March 2024, down 37.5% from last month, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $253.9K | $281.5K | +10.8% |
| 3 Bedrooms | $385K | $235K | -39.0% |
| 4 Bedrooms | $580K | $382.5K | -34.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 17003 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes decreased by 39%, 4 bedroom homes decreased by 34.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 17038 | $330K | $305K | -7.6% |
| 17003 | $481K | $300.7K | -37.5% |
| 17028 | $695K | $287.8K | -58.6% |
Housing Supply in 17003, PA
How many homes are available in 17003, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 43 | +4.9% |
Summary: The 17003 real estate market had 43 homes for sale in March 2024, a 4.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 23 | 30 | +30.4% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 17003 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 30.4%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17003, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 17003 in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 17003, PA
How long does it take to sell a home in 17003, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 7 Days | -84.4% |
Summary: Homes in 17003 had an average of 7 days on market in Mar 2024, down by 84.4% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17003 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 17003; 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.
