Is 17055, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 17055 has remained a Seller's Market.
Housing Prices in 17055, PA
How much do homes in 17055, PA cost?
Median Sold Price
$335,250
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 17055 was $335,250 in March 2024, up 10.2% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133K | $133.3K | 0.2% |
2 Bedrooms | $171K | $228K | +33.3% |
3 Bedrooms | $305K | $320K | +4.9% |
4 Bedrooms | $405K | $438K | +8.1% |
5+ Bedrooms | $569K | $775K | +36.2% |
Summary: 17055 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 36.2%.
Housing Supply in 17055, PA
How many homes are available in 17055, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
202 | 179 | -11.4% |
Summary: The 17055 real estate market had 179 homes for sale in March 2024, a 11.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 26 | 15 | -42.3% |
3 Bedrooms | 88 | 83 | -5.7% |
4 Bedrooms | 75 | 69 | -8.0% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The 17055 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 42.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 34 | -30.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 17055 in March 2024, down by 30.6% month-over-month. Of the 34 sold homes, 38% were sold under asking, 21% were sold at asking, and 41% were sold over asking.
Days on Market for 17055, PA
How long does it take to sell a home in 17055, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 63 Days | +52.0% |
Summary: Homes in 17055 had an average of 63 days on market in Mar 2024, up by 52% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in 17055; 68% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.