Is 17961, 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, 17961 has remained a Seller's Market.
Housing Prices in 17961, PA
How much do homes in 17961, PA cost?
Median Sold Price
$216,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 17961 was $216,000 in March 2024, down 6% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $135.9K | $173.5K | +27.6% |
3 Bedrooms | $210K | $214.9K | +2.4% |
4 Bedrooms | $335K | $327.5K | -2.2% |
5+ Bedrooms | $390K | $415K | +6.4% |
Summary: 17961 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 27.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Zip Codes
17922 | $275K | $289.9K | +5.4% |
17961 | $229.9K | $216K | -6.0% |
17960 | $365K | $290K | -20.5% |
Housing Supply in 17961, PA
How many homes are available in 17961, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 28 | +40.0% |
Summary: The 17961 real estate market had 28 homes for sale in March 2024, a 40.0% increase 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 | 4 | 3 | -25.0% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 3 | 8 | +166.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 17961 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 decreased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 17961 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 17961, PA
How long does it take to sell a home in 17961, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
12 Days | 29 Days | +140.0% |
Summary: Homes in 17961 had an average of 29 days on market in Mar 2024, up by 140% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 17961; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.