Is 17972, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17972 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 17972 was a Seller's Market.

Key Takeaway

17972 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17972, PA

How much do homes in 17972, PA cost?

Median Sold Price

$250,000

$204/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$45,100(+22.0%)

Key Takeaway

Homes in 17972 have sold for 22% more than they did a month ago.

Summary: The median home sold price in 17972 was $250,000 in March 2024, up 22% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $202.4K$319.5K
+57.8%
4 -$250K
N/A
5+ $550K-
N/A

Summary: 17972 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 57.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 17972, PA

How many homes are available in 17972, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2026+30.0%

Summary: The 17972 real estate market had 26 homes for sale in March 2024, a 30.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 15
+400.0%
3 108
-20.0%
4 48
+100.0%
5+ 55
0.0%

Summary: The 17972 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 increased by 400%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17972, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 17972 in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 17972, PA

How long does it take to sell a home in 17972, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
35 Days24 Days-31.8%

Summary: Homes in 17972 had an average of 24 days on market in Mar 2024, down by 31.8% compared to last month.

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 17972 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in 17972; 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 23 Days Ago

Newest Listings in 17972, PA

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