Is 17522, 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, 17522 was a Seller's Market.
Key Takeaway
17522 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 17522, PA
How much do homes in 17522, PA cost?
Median Sold Price
$315,558
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17522 have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in 17522 was $315,558 in March 2024, up 10.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $237.5K | $278K | +17.1% |
| 3 Bedrooms | $275K | $290.5K | +5.6% |
| 4 Bedrooms | $352.5K | $400K | +13.5% |
| 5+ Bedrooms | $399.9K | $460K | +15.0% |
Summary: 17522 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 increased by 17.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Zip Codes
| 17501 | $305K | $341.2K | +11.9% |
| 17522 | $284.9K | $315.5K | +10.8% |
| 17540 | $325K | $355K | +9.2% |
| 17578 | $310K | $315.7K | +1.9% |
Housing Supply in 17522, PA
How many homes are available in 17522, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 92 | 93 | +1.1% |
Summary: The 17522 real estate market had 93 homes for sale in March 2024, a 1.1% 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 | 15 | 18 | +20.0% |
| 3 Bedrooms | 30 | 35 | +16.7% |
| 4 Bedrooms | 41 | 36 | -12.2% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 17522 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 increased by 20%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17522, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 17522 in March 2024, up by 30.0% month-over-month. Of the 13 sold homes, 8% were sold under asking, 54% were sold at asking, and 38% were sold over asking.
Days on Market for 17522, PA
How long does it take to sell a home in 17522, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 6 Days | 24 Days | +268.1% |
Summary: Homes in 17522 had an average of 24 days on market in Mar 2024, up by 268.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 17522 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in 17522; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
