Is 17104, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17104 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 17104 was a Seller's Market.

Key Takeaway

17104 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17104, PA

How much do homes in 17104, PA cost?

Median Sold Price

$120,000

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,750(+23.4%)

Key Takeaway

Homes in 17104 have sold for 23.4% more than they did a year ago.

Summary: The median home sold price in 17104 was $120,000 in March 2024, up 23.4% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$42K
N/A
2 $92.5K$139.5K
+50.8%
3 $98.5K$119.5K
+21.3%
4 $119K$136.5K
+14.7%
5+ $73K$100K
+37.0%

Summary: 17104 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 increased by 50.8%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 37%.

Median Sold Price Compared To Nearby Zip Codes

17104
+23.4%
17103
+5.0%

Housing Supply in 17104, PA

How many homes are available in 17104, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
10091-9.0%

Summary: The 17104 real estate market had 91 homes for sale in March 2024, a 9.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 5851
-12.1%
4 1619
+18.8%
5+ 2118
-14.3%

Summary: The 17104 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 40%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
169-43.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17104, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 17104 in March 2024, down by 43.8% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.

Days on Market for 17104, PA

How long does it take to sell a home in 17104, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
44 Days42 Days-3.3%

Summary: Homes in 17104 had an average of 42 days on market in Mar 2024, down by 3.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17104 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 9 homes were sold in 17104; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 22 Days Ago

Newest Listings in 17104, PA

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