$75,000
1.64 Acres
Land
Shelby Diehl, Listing Office: EXP Realty, LLC
Is 17222, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 17222 has remained a Seller's Market.
Key Takeaway
17222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17222, PA
How much do homes in 17222, PA cost?
Median Sold Price
$275,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$17,500(-6.0%)
Key Takeaway
Homes in 17222 have sold for 6% less than they did a year ago.
Summary: The median home sold price in 17222 was $275,000 in August 2024, down 6% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $50K | -50.0% |
| 2 Bedrooms | $198K | $215K | +8.6% |
| 3 Bedrooms | $305K | $258K | -15.4% |
| 4 Bedrooms | $335K | $389.4K | +16.3% |
| 5+ Bedrooms | $378.5K | $375K | -0.9% |
Summary: 17222 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Zip Codes
| 17268 | $235K | $269.9K | +14.9% |
| 17222 | $292.5K | $275K | -6.0% |
Housing Supply in 17222, PA
How many homes are available in 17222, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 34 | 45 | +32.4% |
Summary: The 17222 real estate market had 45 homes for sale in August 2024, a 32.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 16 | 22 | +37.5% |
| 4 Bedrooms | 9 | 14 | +55.6% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 17222 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17222, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 17222 in August 2024, up by 44.4% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.
Days on Market for 17222, PA
How long does it take to sell a home in 17222, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 44 Days | 14 Days | -67.9% |
Summary: Homes in 17222 had an average of 14 days on market in Aug 2024, down by 67.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17222 are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 13 homes were sold in 17222; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
