Is 17363, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17363 is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 17363 was a Buyer's Market.

Key Takeaway

17363 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 17363, PA

How much do homes in 17363, PA cost?

Median Sold Price

$365,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$32,500(+9.8%)

Key Takeaway

Homes in 17363 have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in 17363 was $365,000 in February 2024, up 9.8% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $193K$245K
+26.9%
3 $311.7K$367K
+17.7%
4 $382.5K$384.5K
0.5%
5+ $465K$415K
-10.8%

Summary: 17363 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

17363
+9.8%
17322
+9.6%
17349
-4.6%

Housing Supply in 17363, PA

How many homes are available in 17363, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6884+23.5%

Summary: The 17363 real estate market had 84 homes for sale in February 2024, a 23.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 4255
+31.0%
4 2324
+4.3%
5+ 13
+200.0%

Summary: The 17363 housing inventory by bedroom type for February 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 31%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
212+500.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17363, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 17363 in February 2024, up by 500.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 17363, PA

How long does it take to sell a home in 17363, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
69 Days68 Days-1.6%

Summary: Homes in 17363 had an average of 68 days on market in Feb 2024, down by 1.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17363 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 12 homes were sold in 17363; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% 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 28 Days Ago

Newest Listings in 17363, PA

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