Is 17801, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17801 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 17801 was a Seller's Market.

Key Takeaway

17801 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 17801, PA

How much do homes in 17801, PA cost?

Median Sold Price

$142,750

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,250(-1.6%)

Key Takeaway

Homes in 17801 have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in 17801 was $142,750 in March 2024, down 1.6% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$99.5K
N/A
2 $90K$159.9K
+77.7%
3 $152K$130K
-14.5%
4 $162.9K$235K
+44.2%
5+ $137K$131K
-4.4%

Summary: 17801 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 77.7%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes increased by 44.2%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

17801
-1.6%
17857
-1.7%
17870
-2.2%

Housing Supply in 17801, PA

How many homes are available in 17801, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5456+3.7%

Summary: The 17801 real estate market had 56 homes for sale in March 2024, a 3.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 55
0.0%
3 2524
-4.0%
4 1112
+9.1%
5+ 1214
+16.7%

Summary: The 17801 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 remained the same, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17801, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 17801 in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for 17801, PA

How long does it take to sell a home in 17801, PA?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 17801 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 8 homes were sold in 17801; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in 17801, PA

Nearby Markets to 17801, PA