Is 17046, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 17046 has remained a Seller's Market.
Key Takeaway
17046 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17046, PA
How much do homes in 17046, PA cost?
Median Sold Price
$180,375
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 17046 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 17046 was $180,375 in April 2024, up 3.1% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.7K | $143K | +44.8% |
| 2 Bedrooms | $118K | $154.5K | +30.9% |
| 3 Bedrooms | $175.7K | $182K | +3.6% |
| 4 Bedrooms | $245K | $265K | +8.2% |
| 5+ Bedrooms | $202K | $154K | -23.8% |
Summary: 17046 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.8%, 2 bedroom homes increased by 30.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 23.8%.
Housing Supply in 17046, PA
How many homes are available in 17046, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 69 | 78 | +13.0% |
Summary: The 17046 real estate market had 78 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 33 | 39 | +18.2% |
| 4 Bedrooms | 22 | 23 | +4.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 17046 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17046, expect to pay close to the asking price. 38.9% of homes here sold near the asking price last month.
Summary: A total of 18 homes were sold or pending in 17046 in April 2024, up by 5.9% month-over-month. Of the 18 sold homes, 33% were sold under asking, 39% were sold at asking, and 28% were sold over asking.
Days on Market for 17046, PA
How long does it take to sell a home in 17046, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 27 Days | +55.4% |
Summary: Homes in 17046 had an average of 27 days on market in Apr 2024, up by 55.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 17046 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in 17046; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
