Is 17963, 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, 17963 has remained a Seller's Market.
Key Takeaway
17963 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17963, PA
How much do homes in 17963, PA cost?
Median Sold Price
$235,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 17963 have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in 17963 was $235,000 in March 2024, up 20.5% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $131K | $152.5K | +16.4% |
| 2 Bedrooms | $147.5K | $177K | +20.0% |
| 3 Bedrooms | $212.7K | $272.5K | +28.1% |
| 4 Bedrooms | $282K | $349.9K | +24.1% |
| 5+ Bedrooms | $687.5K | $330K | -52.0% |
Summary: 17963 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 52%.
Median Sold Price Compared To Nearby Zip Codes
| 17963 | $195K | $235K | +20.5% |
| 17026 | $275K | $305K | +10.9% |
Housing Supply in 17963, PA
How many homes are available in 17963, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The 17963 real estate market had 22 homes for sale in March 2024, the same as 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 | 10 | 9 | -10.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 17963 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 decreased by 10%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 17963, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 17963 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 17963, PA
How long does it take to sell a home in 17963, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 40 Days | +19.2% |
Summary: Homes in 17963 had an average of 40 days on market in Mar 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 17963 has remained consistent over time.
Summary: During March 2024, 6 homes were sold in 17963; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
