Is 17980, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 17980 has remained a Seller's Market.
Key Takeaway
17980 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17980, PA
How much do homes in 17980, PA cost?
Median Sold Price
$142,500
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 17980 have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in 17980 was $142,500 in April 2024, up 16.5% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $70K | N/A |
| 2 Bedrooms | $149K | $110.3K | -26.0% |
| 3 Bedrooms | $124.6K | $156K | +25.2% |
| 4 Bedrooms | $109.5K | $142.4K | +30.1% |
| 5+ Bedrooms | $113K | $99K | -12.4% |
Summary: 17980 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26%, 3 bedroom homes increased by 25.2%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes decreased by 12.4%.
Median Sold Price Compared To Nearby Zip Codes
| 17980 | $122.3K | $142.5K | +16.5% |
| 17038 | $237K | $274.2K | +15.7% |
Housing Supply in 17980, PA
How many homes are available in 17980, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The 17980 real estate market had 15 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 17980 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17980, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 17980 in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 17980, PA
How long does it take to sell a home in 17980, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 27 Days | +264.4% |
Summary: Homes in 17980 had an average of 27 days on market in Apr 2024, up by 264.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17980 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 17980; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
