Is 17111, 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, 17111 has remained a Seller's Market.
Housing Prices in 17111, PA
How much do homes in 17111, PA cost?
Median Sold Price
$255,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 17111 was $255,000 in March 2024, up 2% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136K | $125K | -8.1% |
2 Bedrooms | $187K | $216.7K | +15.9% |
3 Bedrooms | $249.9K | $248.4K | -0.6% |
4 Bedrooms | $333K | $350K | +5.1% |
5+ Bedrooms | $440K | $494.9K | +12.5% |
Summary: 17111 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes increased by 15.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in 17111, PA
How many homes are available in 17111, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
100 | 99 | -1.0% |
Summary: The 17111 real estate market had 99 homes for sale in March 2024, a 1.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 49 | 45 | -8.2% |
4 Bedrooms | 20 | 25 | +25.0% |
5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The 17111 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 8.3%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 17111 in March 2024, down by 8.3% month-over-month. Of the 22 sold homes, 18% were sold under asking, 27% were sold at asking, and 55% were sold over asking.
Days on Market for 17111, PA
How long does it take to sell a home in 17111, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 15 Days | -38.0% |
Summary: Homes in 17111 had an average of 15 days on market in Mar 2024, down by 38% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 17111; 86% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.