Is 17202, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 17202 was a Seller's Market.
Key Takeaway
17202 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 17202, PA
How much do homes in 17202, PA cost?
Median Sold Price
$297,650
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17202 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 17202 was $297,650 in March 2024, up 4.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $207.5K | $208K | 0.2% |
| 3 Bedrooms | $261.5K | $272K | +4.0% |
| 4 Bedrooms | $350.5K | $360.6K | +2.9% |
| 5+ Bedrooms | $384K | $490K | +27.6% |
Summary: 17202 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 0.2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 27.6%.
Median Sold Price Compared To Nearby Zip Codes
| 17202 | $285K | $297.6K | +4.4% |
| 17201 | $217.9K | $225.5K | +3.5% |
Housing Supply in 17202, PA
How many homes are available in 17202, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 173 | 177 | +2.3% |
Summary: The 17202 real estate market had 177 homes for sale in March 2024, a 2.3% 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 | 11 | 11 | 0.0% |
| 3 Bedrooms | 83 | 83 | 0.0% |
| 4 Bedrooms | 57 | 60 | +5.3% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The 17202 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 29 | +31.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17202, expect to pay close to the asking price. 51.7% of homes here sold near the asking price last month.
Summary: A total of 29 homes were sold or pending in 17202 in March 2024, up by 31.8% month-over-month. Of the 29 sold homes, 21% were sold under asking, 52% were sold at asking, and 28% were sold over asking.
Days on Market for 17202, PA
How long does it take to sell a home in 17202, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 18 Days | 35 Days | +98.5% |
Summary: Homes in 17202 had an average of 35 days on market in Mar 2024, up by 98.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17202 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 29 homes were sold in 17202; 69% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
