Is 17960, 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, 17960 has remained a Seller's Market.
Key Takeaway
17960 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17960, PA
How much do homes in 17960, PA cost?
Median Sold Price
$290,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17960 have sold for 20.5% less than they did a year ago.
Summary: The median home sold price in 17960 was $290,000 in March 2024, down 20.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410K | $165.9K | -59.5% |
| 3 Bedrooms | $367.5K | $310K | -15.6% |
| 4 Bedrooms | $202K | $340K | +68.3% |
| 5+ Bedrooms | $355K | $260K | -26.8% |
Summary: 17960 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 59.5%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 68.3%, and 5+ bedroom homes decreased by 26.8%.
Median Sold Price Compared To Nearby Zip Codes
| 18252 | $137.5K | $140K | +1.8% |
| 17961 | $229.9K | $216K | -6.0% |
| 17960 | $365K | $290K | -20.5% |
Housing Supply in 17960, PA
How many homes are available in 17960, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The 17960 real estate market had 11 homes for sale in March 2024, a 8.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 17960 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17960, 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 17960 in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 17960, PA
How long does it take to sell a home in 17960, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 83 Days | 44 Days | -47.0% |
Summary: Homes in 17960 had an average of 44 days on market in Mar 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
2 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 17960 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 17960; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
