Is 17512, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 17512 was a Seller's Market.
Key Takeaway
17512 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 17512, PA
How much do homes in 17512, PA cost?
Median Sold Price
$225,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17512 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 17512 was $225,000 in March 2024, up 8.7% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $180.5K | $180K | -0.3% |
| 3 Bedrooms | $192.4K | $200.5K | +4.2% |
| 4 Bedrooms | $250K | $290K | +16.0% |
| 5+ Bedrooms | $295K | $250K | -15.3% |
Summary: 17512 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 15.3%.
Median Sold Price Compared To Nearby Zip Codes
| 17552 | $302K | $339.9K | +12.6% |
| 17368 | $218.5K | $245K | +12.1% |
| 17512 | $206.9K | $225K | +8.7% |
| 17554 | $295K | $316K | +7.1% |
Housing Supply in 17512, PA
How many homes are available in 17512, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 82 | 87 | +6.1% |
Summary: The 17512 real estate market had 87 homes for sale in March 2024, a 6.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 27 | 29 | +7.4% |
| 4 Bedrooms | 26 | 28 | +7.7% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The 17512 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17512, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 17512 in March 2024, up by 16.7% month-over-month. Of the 14 sold homes, 14% were sold under asking, 50% were sold at asking, and 36% were sold over asking.
Days on Market for 17512, PA
How long does it take to sell a home in 17512, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 23 Days | 10 Days | -56.1% |
Summary: Homes in 17512 had an average of 10 days on market in Mar 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17512 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in 17512; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
