Is 17406, 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, 17406 has remained a Seller's Market.
Housing Prices in 17406, PA
How much do homes in 17406, PA cost?
Median Sold Price
$250,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 17406 was $250,000 in April 2024, up 4.2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $103.5K | $118K | +14.0% |
2 Bedrooms | $205K | $209K | +2.0% |
3 Bedrooms | $225K | $234.9K | +4.4% |
4 Bedrooms | $350.6K | $361.7K | +3.1% |
5+ Bedrooms | $490.7K | $580K | +18.2% |
Summary: 17406 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Zip Codes
17406 | $240K | $250K | +4.2% |
17345 | $222.5K | $229.1K | +3.0% |
17402 | $281K | $285K | +1.4% |
17347 | $305.7K | $300K | -1.9% |
Housing Supply in 17406, PA
How many homes are available in 17406, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 85 | +13.3% |
Summary: The 17406 real estate market had 85 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 13 | 7 | -46.2% |
3 Bedrooms | 47 | 52 | +10.6% |
4 Bedrooms | 13 | 18 | +38.5% |
5+ Bedrooms | 2 | 7 | +250.0% |
Summary: The 17406 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 46.2%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 250%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 17406 in April 2024, down by 8.3% month-over-month. Of the 22 sold homes, 23% were sold under asking, 14% were sold at asking, and 64% were sold over asking.
Days on Market for 17406, PA
How long does it take to sell a home in 17406, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 12 Days | -16.8% |
Summary: Homes in 17406 had an average of 12 days on market in Apr 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 17406; 91% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.