Is 17954, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17954 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 17954 was a Seller's Market.

Key Takeaway

17954 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17954, PA

How much do homes in 17954, PA cost?

Median Sold Price

$75,500

$51/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$5,550(+7.9%)

Key Takeaway

Homes in 17954 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 17954 was $75,500 in February 2024, up 7.9% from last year, and the median price per square foot was $51.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $35.7K$63K
+76.2%
3 $69.9K$73K
+4.4%
4 $69.9K$73.5K
+5.1%
5+ $92.2K$88.7K
-3.8%

Summary: 17954 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 76.2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

17901
+9.8%
17954
+7.9%

Housing Supply in 17954, PA

How many homes are available in 17954, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3429-14.7%

Summary: The 17954 real estate market had 29 homes for sale in February 2024, a 14.7% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 1916
-15.8%
4 33
0.0%
5+ 32
-33.3%

Summary: The 17954 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17954, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 17954 in February 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for 17954, PA

How long does it take to sell a home in 17954, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
27 Days23 Days-16.9%

Summary: Homes in 17954 had an average of 23 days on market in Feb 2024, down by 16.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17954 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 3 homes were sold in 17954; 67% of homes were sold within 30 days, 33% 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 17954, PA

Nearby Markets to 17954, PA