Is 17036, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 17036 was a Seller's Market.
Key Takeaway
17036 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 17036, PA
How much do homes in 17036, PA cost?
Median Sold Price
$350,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17036 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 17036 was $350,000 in March 2024, up 10.4% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $248.5K | $275K | +10.7% |
| 3 Bedrooms | $273.5K | $316K | +15.5% |
| 4 Bedrooms | $444K | $476.5K | +7.3% |
| 5+ Bedrooms | $634.3K | $760K | +19.8% |
Summary: 17036 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 10.7%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 19.8%.
Housing Supply in 17036, PA
How many homes are available in 17036, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 65 | 73 | +12.3% |
Summary: The 17036 real estate market had 73 homes for sale in March 2024, a 12.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 16 | 24 | +50.0% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The 17036 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17036, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 17036 in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 17036, PA
How long does it take to sell a home in 17036, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 65 Days | +94.4% |
Summary: Homes in 17036 had an average of 65 days on market in Mar 2024, up by 94.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17036 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in 17036; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
