Is 17032, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17032 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 17032 has remained a Seller's Market.

Key Takeaway

17032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17032, PA

How much do homes in 17032, PA cost?

Median Sold Price

$270,000

$178/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$7,000(-2.5%)

Key Takeaway

Homes in 17032 have sold for 2.5% less than they did a month ago.

Summary: The median home sold price in 17032 was $270,000 in December 2024, down 2.5% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$310K
N/A
3 $425K$214.5K
-49.5%
4 $253.5K$275K
+8.5%
5+ $260K-
N/A

Summary: 17032 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 49.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes did not change.

Housing Supply in 17032, PA

How many homes are available in 17032, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2517-32.0%

Summary: The 17032 real estate market had 17 homes for sale in December 2024, a 32.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1410
-28.6%
4 74
-42.9%
5+ 21
-50.0%

Summary: The 17032 housing inventory by bedroom type for December 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 28.6%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17032, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 17032 in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for 17032, PA

How long does it take to sell a home in 17032, PA?

Average Sale Time

Nov 2024Dec 2024CHANGE
17 Days27 Days+61.1%

Summary: Homes in 17032 had an average of 27 days on market in Dec 2024, up by 61.1% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17032 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in 17032; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

Newest Listings in 17032, PA

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