Is 17241, 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, 17241 was a Seller's Market.
Key Takeaway
17241 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 17241, PA
How much do homes in 17241, PA cost?
Median Sold Price
$275,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17241 have sold for 18% more than they did a year ago.
Summary: The median home sold price in 17241 was $275,000 in March 2024, up 18% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47K | $176K | +274.5% |
| 2 Bedrooms | $125K | $275K | +120.0% |
| 3 Bedrooms | $250K | $276.7K | +10.7% |
| 4 Bedrooms | $315K | $273K | -13.3% |
| 5+ Bedrooms | $296.9K | $265K | -10.8% |
Summary: 17241 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 274.5%, 2 bedroom homes increased by 120%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Zip Codes
| 17241 | $233K | $275K | +18.0% |
| 17257 | $240K | $258K | +7.5% |
Housing Supply in 17241, PA
How many homes are available in 17241, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The 17241 real estate market had 28 homes for sale in March 2024, a 7.7% 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 | 4 | 7 | +75.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 17241 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 75%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 17241, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 17241 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 17241, PA
How long does it take to sell a home in 17241, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 10 Days | 64 Days | +516.9% |
Summary: Homes in 17241 had an average of 64 days on market in Mar 2024, up by 516.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 17241 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 17241; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
