Is 17851, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17851 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 17851 has remained a Buyer's Market.

Key Takeaway

17851 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17851, PA

How much do homes in 17851, PA cost?

Median Sold Price

$48,500

$42/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,500(+15.5%)

Key Takeaway

Homes in 17851 have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in 17851 was $48,500 in March 2024, up 15.5% from last year, and the median price per square foot was $42.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $25.5K-
N/A
2 $36.5K$46.5K
+27.4%
3 $47K$46K
-2.1%
4 $52.2K$60.9K
+16.7%
5+ $62.7K$72K
+14.7%

Summary: 17851 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 27.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.7%.

Housing Supply in 17851, PA

How many homes are available in 17851, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4547+4.4%

Summary: The 17851 real estate market had 47 homes for sale in March 2024, a 4.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2426
+8.3%
4 109
-10.0%
5+ 33
0.0%

Summary: The 17851 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 12.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17851, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 17851 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 17851, PA

How long does it take to sell a home in 17851, 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 17851 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in 17851; 17% 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 24 Days Ago

Newest Listings in 17851, PA

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