Is 17015, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17015 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 17015 has remained a Buyer's Market.

Key Takeaway

17015 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17015, PA

How much do homes in 17015, PA cost?

Median Sold Price

$362,750

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$14,700(-3.9%)

Key Takeaway

Homes in 17015 have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in 17015 was $362,750 in March 2024, down 3.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$201K
N/A
2 $227.5K$250K
+9.9%
3 $310K$319.8K
+3.2%
4 $465K$449.9K
-3.2%
5+ $575K$615K
+7.0%

Summary: 17015 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Zip Codes

17007
+8.9%
17013
+7.5%
17065
-1.9%
17015
-3.9%

Housing Supply in 17015, PA

How many homes are available in 17015, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7990+13.9%

Summary: The 17015 real estate market had 90 homes for sale in March 2024, a 13.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 98
-11.1%
3 3340
+21.2%
4 2829
+3.6%
5+ 912
+33.3%

Summary: The 17015 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
11110.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17015, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 17015 in March 2024, the same as the previous month. Of the 11 sold homes, 18% were sold under asking, 45% were sold at asking, and 36% were sold over asking.

Days on Market for 17015, PA

How long does it take to sell a home in 17015, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days21 Days-48.9%

Summary: Homes in 17015 had an average of 21 days on market in Mar 2024, down by 48.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17015 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 11 homes were sold in 17015; 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 24 Days Ago

Newest Listings in 17015, PA

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