$2,672 Closing Credit*
$225,000
1,393 SqFt
3 Beds
•2 Full Baths
Thomas M Stewart, Listing Office: Cavalry Realty LLC
Is 17022, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 17022 has remained a Seller's Market.
Key Takeaway
17022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17022, PA
How much do homes in 17022, PA cost?
Median Sold Price
$320,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,500(+6.8%)
Key Takeaway
Homes in 17022 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 17022 was $320,000 in November 2024, up 6.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.5K | $225K | +3.4% |
| 3 Bedrooms | $285K | $302.5K | +6.1% |
| 4 Bedrooms | $400K | $404.5K | +1.1% |
| 5+ Bedrooms | $522.5K | $535K | +2.4% |
Summary: 17022 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 17022, PA
How many homes are available in 17022, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 67 | -11.8% |
Summary: The 17022 real estate market had 67 homes for sale in November 2024, a 11.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 42 | 34 | -19.0% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 17022 housing inventory by bedroom type for November 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 19%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17022, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 17022 in November 2024, down by 20.0% month-over-month. Of the 20 sold homes, 25% were sold under asking, 35% were sold at asking, and 40% were sold over asking.
Days on Market for 17022, PA
How long does it take to sell a home in 17022, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 22 Days | +51.2% |
Summary: Homes in 17022 had an average of 22 days on market in Nov 2024, up by 51.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17022 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in 17022; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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