Is 17601, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 17601 has remained a Seller's Market.
Housing Prices in 17601, PA
How much do homes in 17601, PA cost?
Median Sold Price
$374,395
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 17601 was $374,395 in March 2024, up 7% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | $189K | +0.8% |
2 Bedrooms | $255K | $265K | +3.9% |
3 Bedrooms | $311K | $343.7K | +10.5% |
4 Bedrooms | $460K | $467.4K | +1.6% |
5+ Bedrooms | $565K | $617K | +9.2% |
Summary: 17601 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 9.2%.
Housing Supply in 17601, PA
How many homes are available in 17601, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
150 | 153 | +2.0% |
Summary: The 17601 real estate market had 153 homes for sale in March 2024, a 2.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 55 | 60 | +9.1% |
4 Bedrooms | 70 | 67 | -4.3% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 17601 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 39 | +95.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 17601 in March 2024, up by 95.0% month-over-month. Of the 39 sold homes, 21% were sold under asking, 41% were sold at asking, and 38% were sold over asking.
Days on Market for 17601, PA
How long does it take to sell a home in 17601, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 13 Days | -40.2% |
Summary: Homes in 17601 had an average of 13 days on market in Mar 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 39 homes were sold in 17601; 90% 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.