Is 17034, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17034 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 17034 has remained a Seller's Market.

Key Takeaway

17034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17034, PA

How much do homes in 17034, PA cost?

Median Sold Price

$195,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$39,526(+25.4%)

Key Takeaway

Homes in 17034 have sold for 25.4% more than they did a year ago.

Summary: The median home sold price in 17034 was $195,000 in December 2024, up 25.4% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $144.2K$148K
+2.6%
3 $165.1K$202.6K
+22.8%
4 $144.9K$165K
+13.9%
5+ $109K$410K
+276.1%

Summary: 17034 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 276.1%.

Median Sold Price Compared To Nearby Zip Codes

17034
+25.4%
17057
+5.9%
17113
-9.3%

Housing Supply in 17034, PA

How many homes are available in 17034, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1011+10.0%

Summary: The 17034 real estate market had 11 homes for sale in December 2024, a 10.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 17034 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were 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 17034, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 17034 in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 17034, PA

How long does it take to sell a home in 17034, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
41 Days13 Days-67.7%

Summary: Homes in 17034 had an average of 13 days on market in Dec 2024, down by 67.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17034 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 17034; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17034, PA

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