Is 17315, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 17315 has remained a Seller's Market.
Key Takeaway
17315 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17315, PA
How much do homes in 17315, PA cost?
Median Sold Price
$270,666
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 17315 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 17315 was $270,666 in April 2024, up 10.5% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178K | $146K | -18.0% |
| 2 Bedrooms | $184.9K | $209.9K | +13.5% |
| 3 Bedrooms | $230.5K | $259.9K | +12.8% |
| 4 Bedrooms | $320K | $345K | +7.8% |
| 5+ Bedrooms | $264.9K | $405K | +52.9% |
Summary: 17315 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 52.9%.
Housing Supply in 17315, PA
How many homes are available in 17315, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 92 | 82 | -10.9% |
Summary: The 17315 real estate market had 82 homes for sale in April 2024, a 10.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 61 | 50 | -18.0% |
| 4 Bedrooms | 21 | 17 | -19.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 17315 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes decreased by 18%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17315, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 17315 in April 2024, down by 6.9% month-over-month. Of the 27 sold homes, 7% were sold under asking, 41% were sold at asking, and 52% were sold over asking.
Days on Market for 17315, PA
How long does it take to sell a home in 17315, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 23 Days | +4.1% |
Summary: Homes in 17315 had an average of 23 days on market in Apr 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17315 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in 17315; 81% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
