Is 17981, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17981 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 17981 has remained a Seller's Market.

Key Takeaway

17981 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17981, PA

How much do homes in 17981, PA cost?

Median Sold Price

$112,000

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,100(+40.2%)

Key Takeaway

Homes in 17981 have sold for 40.2% more than they did a year ago.

Summary: The median home sold price in 17981 was $112,000 in April 2024, up 40.2% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $135K$115.1K
-14.7%
3 $69.9K$100K
+43.1%
4 $79.4K$112K
+41.0%
5+ $204K$107.4K
-47.3%

Summary: 17981 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 14.7%, 3 bedroom homes increased by 43.1%, 4 bedroom homes increased by 41%, and 5+ bedroom homes decreased by 47.3%.

Median Sold Price Compared To Nearby Zip Codes

17981
+40.2%
17963
+17.1%
17901
0.1%

Housing Supply in 17981, PA

How many homes are available in 17981, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
84-50.0%

Summary: The 17981 real estate market had 4 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 42
-50.0%
4 11
0.0%
5+ 20
-100.0%

Summary: The 17981 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17981, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 17981 in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 17981, PA

How long does it take to sell a home in 17981, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days70 Days+145.9%

Summary: Homes in 17981 had an average of 70 days on market in Apr 2024, up by 145.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17981 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 17981; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 10 Days Ago

Newest Listings in 17981, PA

Nearby Markets to 17981, PA