Is 17033, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17033 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 17033 has remained a Buyer's Market.

Key Takeaway

17033 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17033, PA

How much do homes in 17033, PA cost?

Median Sold Price

$385,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$4,500(-1.2%)

Key Takeaway

Homes in 17033 have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in 17033 was $385,000 in March 2024, down 1.2% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $150K-
N/A
2 $232.5K$271.2K
+16.7%
3 $362.5K$350K
-3.4%
4 $415K$500K
+20.5%
5+ $512.4K$500K
-2.4%

Summary: 17033 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 16.7%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

17078
+10.5%
17036
+10.4%
17022
+5.2%
17033
-1.2%

Housing Supply in 17033, PA

How many homes are available in 17033, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3645+25.0%

Summary: The 17033 real estate market had 45 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 18
+700.0%
3 1010
0.0%
4 1418
+28.6%
5+ 119
-18.2%

Summary: The 17033 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 increased by 700%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17033, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 17033 in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 17033, PA

How long does it take to sell a home in 17033, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
25 Days7 Days-71.0%

Summary: Homes in 17033 had an average of 7 days on market in Mar 2024, down by 71% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17033 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in 17033; 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.

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 17033, PA

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