Is 17257, 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, 17257 has remained a Seller's Market.
Key Takeaway
17257 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17257, PA
How much do homes in 17257, PA cost?
Median Sold Price
$258,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17257 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 17257 was $258,000 in March 2024, up 7.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $182.4K | -4.0% |
| 3 Bedrooms | $250K | $252K | +0.8% |
| 4 Bedrooms | $270K | $349.9K | +29.6% |
| 5+ Bedrooms | $215K | $320K | +48.8% |
Summary: 17257 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 decreased by 4%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 48.8%.
Median Sold Price Compared To Nearby Zip Codes
| 17241 | $233K | $275K | +18.0% |
| 17257 | $240K | $258K | +7.5% |
Housing Supply in 17257, PA
How many homes are available in 17257, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 92 | +1.1% |
Summary: The 17257 real estate market had 92 homes for sale in March 2024, a 1.1% 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 | 12 | 15 | +25.0% |
| 3 Bedrooms | 48 | 47 | -2.1% |
| 4 Bedrooms | 24 | 24 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 17257 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 decreased by 2.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 21 | +75.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17257, expect to pay close to the asking price. 47.6% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in 17257 in March 2024, up by 75.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 48% were sold at asking, and 10% were sold over asking.
Days on Market for 17257, PA
How long does it take to sell a home in 17257, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 77 Days | +79.7% |
Summary: Homes in 17257 had an average of 77 days on market in Mar 2024, up by 79.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17257 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in 17257; 48% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
