Is 17112, 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, 17112 has remained a Seller's Market.
Key Takeaway
17112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17112, PA
How much do homes in 17112, PA cost?
Median Sold Price
$331,638
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17112 have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in 17112 was $331,638 in March 2024, up 2.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $80K | N/A |
| 2 Bedrooms | $207.5K | $221.5K | +6.7% |
| 3 Bedrooms | $285K | $309.7K | +8.7% |
| 4 Bedrooms | $402.5K | $438.9K | +9.0% |
| 5+ Bedrooms | $480K | $536.6K | +11.8% |
Summary: 17112 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 6.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in 17112, PA
How many homes are available in 17112, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 148 | 162 | +9.5% |
Summary: The 17112 real estate market had 162 homes for sale in March 2024, a 9.5% increase 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 61 | 68 | +11.5% |
| 4 Bedrooms | 64 | 67 | +4.7% |
| 5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The 17112 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 25%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 29 | +123.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17112, you may be able to get a good deal. 34.5% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 17112 in March 2024, up by 123.1% month-over-month. Of the 29 sold homes, 34% were sold under asking, 31% were sold at asking, and 34% were sold over asking.
Days on Market for 17112, PA
How long does it take to sell a home in 17112, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 16 Days | 26 Days | +56.9% |
Summary: Homes in 17112 had an average of 26 days on market in Mar 2024, up by 56.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17112 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 29 homes were sold in 17112; 79% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
