Is 17356, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17356 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 17356 has remained a Seller's Market.

Key Takeaway

17356 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17356, PA

How much do homes in 17356, PA cost?

Median Sold Price

$258,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$500(+0.2%)

Key Takeaway

The sold price of homes in 17356 has remained the same since last year.

Summary: The median home sold price in 17356 was $258,000 in April 2024, up 0.2% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$45K
N/A
2 $200K$255K
+27.5%
3 $232.5K$245.5K
+5.6%
4 $319.9K$294.9K
-7.8%
5+ $270K$280K
+3.7%

Summary: 17356 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 increased by 27.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

17313
+15.2%
17366
+12.1%
17402
+1.4%
17322
+0.8%
17356
0.2%

Housing Supply in 17356, PA

How many homes are available in 17356, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5364+20.8%

Summary: The 17356 real estate market had 64 homes for sale in April 2024, a 20.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 813
+62.5%
3 2732
+18.5%
4 1315
+15.4%
5+ 43
-25.0%

Summary: The 17356 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 62.5%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1615-6.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17356, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in 17356 in April 2024, down by 6.3% month-over-month. Of the 15 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 17356, PA

How long does it take to sell a home in 17356, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
8 Days12 Days+44.3%

Summary: Homes in 17356 had an average of 12 days on market in Apr 2024, up by 44.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17356 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in 17356; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 17356, PA

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