$4,572 Closing Credit*
$384,990
1,724 SqFt
3 Beds
•2 Full Baths, 1 Partial
Madison Rae Althoff, Listing Office: Berks Homes Realty, LLC
Is 17020, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 17020 was a Seller's Market.
Key Takeaway
17020 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 17020, PA
How much do homes in 17020, PA cost?
Median Sold Price
$256,250
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,250(+9.0%)
Key Takeaway
Homes in 17020 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 17020 was $256,250 in October 2024, up 9% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.7K | $112K | +26.2% |
| 2 Bedrooms | $168.7K | $188K | +11.4% |
| 3 Bedrooms | $237K | $248K | +4.6% |
| 4 Bedrooms | $309.8K | $318.1K | +2.7% |
| 5+ Bedrooms | - | $455K | N/A |
Summary: 17020 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.2%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 17053 | $240K | $270K | +12.5% |
| 17018 | $270K | $297.5K | +10.2% |
| 17020 | $235K | $256.2K | +9.0% |
Housing Supply in 17020, PA
How many homes are available in 17020, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Summary: The 17020 real estate market had 26 homes for sale in October 2024, a 30.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 17020 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17020, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 17020 in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 17020, PA
How long does it take to sell a home in 17020, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 14 Days | -63.8% |
Summary: Homes in 17020 had an average of 14 days on market in Oct 2024, down by 63.8% compared to last year.
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
Key Takeaway
Many homes in 17020 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 17020; 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.
