Is 17320, 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, 17320 has remained a Buyer's Market.
Key Takeaway
17320 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 17320, PA
How much do homes in 17320, PA cost?
Median Sold Price
$325,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17320 have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in 17320 was $325,000 in March 2024, up 16.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | - | N/A |
| 2 Bedrooms | $242K | $189.9K | -21.5% |
| 3 Bedrooms | $279.9K | $325K | +16.1% |
| 4 Bedrooms | $299.9K | $341.2K | +13.8% |
| 5+ Bedrooms | $365K | $350K | -4.1% |
Summary: 17320 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 21.5%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Zip Codes
| 17320 | $279.9K | $325K | +16.1% |
| 17222 | $270K | $275K | +1.9% |
Housing Supply in 17320, PA
How many homes are available in 17320, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 45 | +25.0% |
Summary: The 17320 real estate market had 45 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 18 | 28 | +55.6% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 17320 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 decreased by 50%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17320, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 17320 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 17320, PA
How long does it take to sell a home in 17320, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 31 Days | -17.0% |
Summary: Homes in 17320 had an average of 31 days on market in Mar 2024, down by 17% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 17320 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in 17320; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
