Is 17062, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 17062 has remained a Seller's Market.
Key Takeaway
17062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17062, PA
How much do homes in 17062, PA cost?
Median Sold Price
$177,500
$111/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 17062 have sold for 40.8% less than they did a month ago.
Summary: The median home sold price in 17062 was $177,500 in March 2024, down 40.8% from last month, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | - | N/A |
| 3 Bedrooms | $300K | $188K | -37.3% |
| 4 Bedrooms | $325K | $167K | -48.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: 17062 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 37.3%, 4 bedroom homes decreased by 48.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 17074 | $197.4K | $124.4K | -37.0% |
| 17062 | $300K | $177.5K | -40.8% |
Housing Supply in 17062, PA
How many homes are available in 17062, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The 17062 real estate market had 11 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 17062 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 17062, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 17062 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 17062, PA
How long does it take to sell a home in 17062, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 Days | 9 Days | -59.9% |
Summary: Homes in 17062 had an average of 9 days on market in Mar 2024, down by 59.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17062 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in 17062; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
