$1,958 Closing Credit*
$164,900
1,423 SqFt
4 Beds
•1 Full Bath, 1 Partial
Gregory P Grogan, Listing Office: RE/MAX Pinnacle
Is 17022, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$317,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,000(+6.0%)
Key Takeaway
Homes in 17022 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 17022 was $317,500 in October 2024, up 6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $219.9K | $225K | +2.3% |
| 3 Bedrooms | $287.9K | $300K | +4.2% |
| 4 Bedrooms | $400.5K | $400K | -0.1% |
| 5+ Bedrooms | $495K | $535K | +8.1% |
Summary: 17022 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in 17022, PA
How many homes are available in 17022, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 71 | -2.7% |
Summary: The 17022 real estate market had 71 homes for sale in October 2024, a 2.7% decrease 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 | 7 | 9 | +28.6% |
| 3 Bedrooms | 40 | 37 | -7.5% |
| 4 Bedrooms | 23 | 20 | -13.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 17022 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 28.6%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17022, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 17022 in October 2024, up by 14.3% month-over-month. Of the 24 sold homes, 29% were sold under asking, 29% were sold at asking, and 42% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 13 Days | +8.5% |
Summary: Homes in 17022 had an average of 13 days on market in Oct 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 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 October 2024, 24 homes were sold in 17022; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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