Is 17103, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 17103 was a Seller's Market.
Key Takeaway
17103 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 17103, PA
How much do homes in 17103, PA cost?
Median Sold Price
$105,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17103 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 17103 was $105,000 in March 2024, up 5% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $100K | -9.1% |
| 3 Bedrooms | $104.4K | $98.3K | -5.8% |
| 4 Bedrooms | $118K | $110K | -6.8% |
| 5+ Bedrooms | $80K | $102.5K | +28.1% |
Summary: 17103 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 28.1%.
Housing Supply in 17103, PA
How many homes are available in 17103, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 | 71 | +2.9% |
Summary: The 17103 real estate market had 71 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 25 | 30 | +20.0% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The 17103 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 20%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17103, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 17103 in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for 17103, PA
How long does it take to sell a home in 17103, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 23 Days | -58.5% |
Summary: Homes in 17103 had an average of 23 days on market in Mar 2024, down by 58.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 17103 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in 17103; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
