Is 17109, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 17109 has remained a Seller's Market.
Key Takeaway
17109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17109, PA
How much do homes in 17109, PA cost?
Median Sold Price
$235,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17109 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 17109 was $235,000 in March 2024, up 6.8% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $111K | -41.6% |
| 2 Bedrooms | $180.7K | $203K | +12.3% |
| 3 Bedrooms | $217K | $239K | +10.1% |
| 4 Bedrooms | $275.4K | $260K | -5.6% |
| 5+ Bedrooms | $257.4K | $311.2K | +20.9% |
Summary: 17109 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.6%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 20.9%.
Housing Supply in 17109, PA
How many homes are available in 17109, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 74 | +1.4% |
Summary: The 17109 real estate market had 74 homes for sale in March 2024, a 1.4% 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 50 | 48 | -4.0% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 17109 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 increased by 33.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 18 | +125.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17109, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 17109 in March 2024, up by 125.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 28% were sold at asking, and 39% were sold over asking.
Days on Market for 17109, PA
How long does it take to sell a home in 17109, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 25 Days | -37.6% |
Summary: Homes in 17109 had an average of 25 days on market in Mar 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17109 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 18 homes were sold in 17109; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
