Is 17402, 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, 17402 has remained a Seller's Market.
Key Takeaway
17402 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17402, PA
How much do homes in 17402, PA cost?
Median Sold Price
$285,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 17402 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 17402 was $285,000 in April 2024, up 1.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $219.5K | +12.6% |
| 3 Bedrooms | $262.5K | $265.7K | +1.2% |
| 4 Bedrooms | $343K | $380K | +10.8% |
| 5+ Bedrooms | $470K | $485K | +3.2% |
Summary: 17402 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 12.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in 17402, PA
How many homes are available in 17402, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 | 67 | -8.2% |
Summary: The 17402 real estate market had 67 homes for sale in April 2024, a 8.2% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 29 | 24 | -17.2% |
| 4 Bedrooms | 27 | 28 | +3.7% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 17402 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 decreased by 17.2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17402, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in 17402 in April 2024, up by 16.7% month-over-month. Of the 21 sold homes, 14% were sold under asking, 38% were sold at asking, and 48% were sold over asking.
Days on Market for 17402, PA
How long does it take to sell a home in 17402, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 17 Days | +61.8% |
Summary: Homes in 17402 had an average of 17 days on market in Apr 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 17402 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 21 homes were sold in 17402; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
