Is 17347, 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, 17347 has remained a Seller's Market.
Key Takeaway
17347 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17347, PA
How much do homes in 17347, PA cost?
Median Sold Price
$300,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 17347 have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in 17347 was $300,000 in April 2024, down 1.9% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $183K | - | N/A |
| 3 Bedrooms | $276.4K | $264K | -4.5% |
| 4 Bedrooms | $347.5K | $336K | -3.3% |
| 5+ Bedrooms | $309.9K | $632.6K | +104.1% |
Summary: 17347 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 104.1%.
Median Sold Price Compared To Nearby Zip Codes
| 17406 | $240K | $250K | +4.2% |
| 17345 | $222.5K | $229.1K | +3.0% |
| 17347 | $305.7K | $300K | -1.9% |
Housing Supply in 17347, PA
How many homes are available in 17347, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The 17347 real estate market had 15 homes for sale in April 2024, a 15.4% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 17347 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 remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 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 17347, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 17347 in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 17347, PA
How long does it take to sell a home in 17347, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 5 Days | -60.7% |
Summary: Homes in 17347 had an average of 5 days on market in Apr 2024, down by 60.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17347 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in 17347; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
