Is 17870, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17870 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 17870 has remained a Buyer's Market.

Key Takeaway

17870 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17870, PA

How much do homes in 17870, PA cost?

Median Sold Price

$220,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,000(-2.2%)

Key Takeaway

Homes in 17870 have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in 17870 was $220,000 in March 2024, down 2.2% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $225K$185K
-17.8%
3 $217.5K$220K
+1.1%
4 $341K$370K
+8.5%
5+ $220K$212.4K
-3.4%

Summary: 17870 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 decreased by 17.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Zip Codes

17801
-1.6%
17870
-2.2%

Housing Supply in 17870, PA

How many homes are available in 17870, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3844+15.8%

Summary: The 17870 real estate market had 44 homes for sale in March 2024, a 15.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 68
+33.3%
3 2123
+9.5%
4 76
-14.3%
5+ 36
+100.0%

Summary: The 17870 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 33.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17870, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 17870 in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 17870, PA

How long does it take to sell a home in 17870, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
20 Days108 Days+440.0%

Summary: Homes in 17870 had an average of 108 days on market in Mar 2024, up by 440% compared to last year.

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 17870 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 2 homes were sold in 17870; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 26 Days Ago

Newest Listings in 17870, PA

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