Is 17113, 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, 17113 has remained a Buyer's Market.
Key Takeaway
17113 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 17113, PA
How much do homes in 17113, PA cost?
Median Sold Price
$159,900
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17113 have sold for 18.5% more than they did a year ago.
Summary: The median home sold price in 17113 was $159,900 in March 2024, up 18.5% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $134.9K | $155K | +14.9% |
| 3 Bedrooms | $138.9K | $159.9K | +15.1% |
| 4 Bedrooms | $125K | $165K | +32.0% |
| 5+ Bedrooms | $160K | $127.9K | -20.0% |
Summary: 17113 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 14.9%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 32%, and 5+ bedroom homes decreased by 20%.
Housing Supply in 17113, PA
How many homes are available in 17113, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 86 | 89 | +3.5% |
Summary: The 17113 real estate market had 89 homes for sale in March 2024, a 3.5% 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 | 8 | 10 | +25.0% |
| 3 Bedrooms | 42 | 47 | +11.9% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The 17113 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 11.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 17113, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 17113 in March 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for 17113, PA
How long does it take to sell a home in 17113, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 10 Days | 35 Days | +225.7% |
Summary: Homes in 17113 had an average of 35 days on market in Mar 2024, up by 225.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17113 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in 17113; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
