$10,000 Closing Credit*
$1,300,000
2,804 SqFt
4 Beds
•2 Full Baths
Megan Elizabeth Shingara, Listing Office: Compass Pennsylvania, LLC
Is 17038, 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, 17038 has remained a Seller's Market.
Key Takeaway
17038 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17038, PA
How much do homes in 17038, PA cost?
Median Sold Price
$290,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,050(+13.7%)
Key Takeaway
Homes in 17038 have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in 17038 was $290,000 in October 2024, up 13.7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $185K | $178K | -3.8% |
| 3 Bedrooms | $247.5K | $282.5K | +14.1% |
| 4 Bedrooms | $325K | $350K | +7.7% |
| 5+ Bedrooms | $327.4K | $299K | -8.7% |
Summary: 17038 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 decreased by 3.8%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 17038, PA
How many homes are available in 17038, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 19 | +58.3% |
Summary: The 17038 real estate market had 19 homes for sale in October 2024, a 58.3% 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 | 0 | 2 | +100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 17038 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 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17038, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 17038 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 17038, PA
How long does it take to sell a home in 17038, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 8 Days | +36.7% |
Summary: Homes in 17038 had an average of 8 days on market in Oct 2024, up by 36.7% 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
Key Takeaway
Many homes in 17038 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 17038; 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.
