Is 17225, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 17225 has remained a Buyer's Market.
Housing Prices in 17225, PA
How much do homes in 17225, PA cost?
Median Sold Price
$296,870
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 17225 was $296,870 in February 2024, up 2.4% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $254.7K | $220K | -13.6% |
3 Bedrooms | $270K | $265.5K | -1.7% |
4 Bedrooms | $364.9K | $350K | -4.1% |
5+ Bedrooms | $483.6K | $491K | +1.5% |
Summary: 17225 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Zip Codes
17268 | $225K | $250K | +11.1% |
17225 | $290K | $296.8K | +2.4% |
Housing Supply in 17225, PA
How many homes are available in 17225, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
128 | 123 | -3.9% |
Summary: The 17225 real estate market had 123 homes for sale in February 2024, a 3.9% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 69 | 67 | -2.9% |
4 Bedrooms | 44 | 42 | -4.5% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 17225 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
18 | 12 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 17225 in February 2024, down by 33.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.
Days on Market for 17225, PA
How long does it take to sell a home in 17225, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
38 Days | 52 Days | +37.2% |
Summary: Homes in 17225 had an average of 52 days on market in Feb 2024, up by 37.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 12 homes were sold in 17225; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.