Is 17057, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 17057 was a Neutral Market.
Housing Prices in 17057, PA
How much do homes in 17057, PA cost?
Median Sold Price
$225,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 17057 was $225,000 in February 2024, up 17.2% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $384K | N/A |
2 Bedrooms | $162K | $181.9K | +12.3% |
3 Bedrooms | $192K | $224.5K | +16.9% |
4 Bedrooms | $255K | $270K | +5.9% |
5+ Bedrooms | $372.7K | $410K | +10.0% |
Summary: 17057 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 10%.
Housing Supply in 17057, PA
How many homes are available in 17057, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
48 | 54 | +12.5% |
Summary: The 17057 real estate market had 54 homes for sale in February 2024, a 12.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 23 | 28 | +21.7% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 17057 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 17057 in February 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for 17057, PA
How long does it take to sell a home in 17057, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
43 Days | 17 Days | -59.0% |
Summary: Homes in 17057 had an average of 17 days on market in Feb 2024, down by 59% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in 17057; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.