Is 17059, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17059 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 17059 was a Neutral Market.

Key Takeaway

17059 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17059, PA

How much do homes in 17059, PA cost?

Median Sold Price

$180,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$97,400(-35.1%)

Key Takeaway

Homes in 17059 have sold for 35.1% less than they did a year ago.

Summary: The median home sold price in 17059 was $180,000 in April 2024, down 35.1% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $215.5K$140K
-35.0%
3 $213.5K$180K
-15.7%
4 $330K$219K
-33.6%
5+ $289.7K$316.9K
+9.4%

Summary: 17059 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes decreased by 33.6%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Zip Codes

17082
+31.2%
17059
-35.1%

Housing Supply in 17059, PA

How many homes are available in 17059, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
38+166.7%

Summary: The 17059 real estate market had 8 homes for sale in April 2024, a 166.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 13
+200.0%
4 13
+200.0%
5+ 11
0.0%

Summary: The 17059 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17059, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 17059 in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 17059, PA

How long does it take to sell a home in 17059, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
11 Days113 Days+927.3%

Summary: Homes in 17059 had an average of 113 days on market in Apr 2024, up by 927.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 17059 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in 17059; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 9 Days Ago

Newest Listings in 17059, PA

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