Is 17545, 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, 17545 was a Buyer's Market.
Key Takeaway
17545 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17545, PA
How much do homes in 17545, PA cost?
Median Sold Price
$313,250
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17545 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 17545 was $313,250 in March 2024, up 4.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $246K | +4.7% |
| 3 Bedrooms | $276K | $292K | +5.8% |
| 4 Bedrooms | $409K | $425K | +3.9% |
| 5+ Bedrooms | $550K | $480K | -12.7% |
Summary: 17545 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 4.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 12.7%.
Median Sold Price Compared To Nearby Zip Codes
| 17552 | $302K | $339.9K | +12.6% |
| 17538 | $353.5K | $395K | +11.7% |
| 17545 | $299K | $313.2K | +4.8% |
| 17064 | $363K | $357.5K | -1.5% |
Housing Supply in 17545, PA
How many homes are available in 17545, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 | 58 | -4.9% |
Summary: The 17545 real estate market had 58 homes for sale in March 2024, a 4.9% decrease 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 | 5 | 7 | +40.0% |
| 3 Bedrooms | 28 | 27 | -3.6% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 17545 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 40%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17545, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 17545 in March 2024, the same as the previous month. Of the 14 sold homes, 21% were sold under asking, 21% were sold at asking, and 57% were sold over asking.
Days on Market for 17545, PA
How long does it take to sell a home in 17545, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 18 Days | -32.5% |
Summary: Homes in 17545 had an average of 18 days on market in Mar 2024, down by 32.5% compared to last year.
Breakdown of Home Sale Times
12 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 17545 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in 17545; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
