Is 17901, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 17901 was a Seller's Market.
Key Takeaway
17901 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 17901, PA
How much do homes in 17901, PA cost?
Median Sold Price
$115,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17901 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 17901 was $115,000 in March 2024, up 8.5% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $127.5K | N/A |
| 2 Bedrooms | $73.5K | $76K | +3.4% |
| 3 Bedrooms | $102.5K | $112.5K | +9.8% |
| 4 Bedrooms | $125K | $135K | +8.0% |
| 5+ Bedrooms | $90K | $127.5K | +41.7% |
Summary: 17901 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 3.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 41.7%.
Median Sold Price Compared To Nearby Zip Codes
| 17954 | $69.9K | $77.7K | +11.2% |
| 17901 | $106K | $115K | +8.5% |
| 17970 | $95K | $96.5K | +1.6% |
Housing Supply in 17901, PA
How many homes are available in 17901, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 138 | 127 | -8.0% |
Summary: The 17901 real estate market had 127 homes for sale in March 2024, a 8.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 64 | 58 | -9.4% |
| 4 Bedrooms | 37 | 38 | +2.7% |
| 5+ Bedrooms | 24 | 20 | -16.7% |
Summary: The 17901 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17901, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 17901 in March 2024, down by 20.0% month-over-month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.
Days on Market for 17901, PA
How long does it take to sell a home in 17901, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 16 Days | -40.9% |
Summary: Homes in 17901 had an average of 16 days on market in Mar 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 17901 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in 17901; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
