Is 17837, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17837 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 17837 was a Buyer's Market.

Key Takeaway

17837 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 17837, PA

How much do homes in 17837, PA cost?

Median Sold Price

$327,450

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$28,075(+9.4%)

Key Takeaway

Homes in 17837 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 17837 was $327,450 in March 2024, up 9.4% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $172.5K$302.5K
+75.4%
2 $192.5K$240K
+24.7%
3 $269.9K$290.5K
+7.6%
4 $400K$391K
-2.3%
5+ $410K$544K
+32.7%

Summary: 17837 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.4%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 32.7%.

Median Sold Price Compared To Nearby Zip Codes

17837
+9.4%
17886
-7.6%

Housing Supply in 17837, PA

How many homes are available in 17837, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5976+28.8%

Summary: The 17837 real estate market had 76 homes for sale in March 2024, a 28.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2128
+33.3%
4 1724
+41.2%
5+ 2023
+15.0%

Summary: The 17837 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 increased by 33.3%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes increased by 15%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
212+500.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17837, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 17837 in March 2024, up by 500.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 0% were sold at asking, and 42% were sold over asking.

Days on Market for 17837, PA

How long does it take to sell a home in 17837, PA?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17837 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in 17837; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in 17837, PA

Nearby Markets to 17837, PA