Is 17872, 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, 17872 has remained a Seller's Market.
Key Takeaway
17872 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17872, PA
How much do homes in 17872, PA cost?
Median Sold Price
$53,250
$32/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17872 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 17872 was $53,250 in March 2024, up 6.7% from last year, and the median price per square foot was $32.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $28K | $26.5K | -5.4% |
| 3 Bedrooms | $50K | $53.2K | +6.5% |
| 4 Bedrooms | $41K | $45K | +9.8% |
| 5+ Bedrooms | $61.5K | $63.5K | +3.3% |
Summary: 17872 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 5.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Zip Codes
| 17866 | $56.7K | $77.5K | +36.7% |
| 17872 | $49.9K | $53.2K | +6.7% |
Housing Supply in 17872, PA
How many homes are available in 17872, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 | 60 | +3.4% |
Summary: The 17872 real estate market had 60 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 29 | 27 | -6.9% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 17872 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 66.7%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17872, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 17872 in March 2024, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for 17872, PA
How long does it take to sell a home in 17872, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 7 Days | 31 Days | +320.0% |
Summary: Homes in 17872 had an average of 31 days on market in Mar 2024, up by 320% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 17872 has remained consistent over time.
Summary: During March 2024, 12 homes were sold in 17872; 8% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
