Is 17404, 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, 17404 has remained a Seller's Market.
Key Takeaway
17404 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17404, PA
How much do homes in 17404, PA cost?
Median Sold Price
$215,100
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 17404 have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in 17404 was $215,100 in April 2024, up 7.6% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.2K | - | N/A |
| 2 Bedrooms | $150K | $170K | +13.3% |
| 3 Bedrooms | $197K | $209.5K | +6.3% |
| 4 Bedrooms | $337.5K | $376.3K | +11.5% |
| 5+ Bedrooms | $165K | $181K | +9.7% |
Summary: 17404 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 13.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 17404, PA
How many homes are available in 17404, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 126 | 121 | -4.0% |
Summary: The 17404 real estate market had 121 homes for sale in April 2024, a 4.0% 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 | 16 | 16 | 0.0% |
| 3 Bedrooms | 50 | 49 | -2.0% |
| 4 Bedrooms | 43 | 36 | -16.3% |
| 5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The 17404 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 2%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17404, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in 17404 in April 2024, down by 5.6% month-over-month. Of the 34 sold homes, 26% were sold under asking, 26% were sold at asking, and 47% were sold over asking.
Days on Market for 17404, PA
How long does it take to sell a home in 17404, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 18 Days | +16.6% |
Summary: Homes in 17404 had an average of 18 days on market in Apr 2024, up by 16.6% compared to last year.
Breakdown of Home Sale Times
28 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 17404 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 34 homes were sold in 17404; 82% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
