$1,544 Closing Credit*
$130,000
1,056 SqFt
2 Beds
•1 Full Bath
Aaron Donnachie, Listing Office: Suburban Realty
Is 17042, 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, 17042 has remained a Seller's Market.
Key Takeaway
17042 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17042, PA
How much do homes in 17042, PA cost?
Median Sold Price
$268,850
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,850(+7.5%)
Key Takeaway
Homes in 17042 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 17042 was $268,850 in October 2024, up 7.5% 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 | $107K | $240K | +124.3% |
| 2 Bedrooms | $190K | $220K | +15.8% |
| 3 Bedrooms | $240K | $255K | +6.3% |
| 4 Bedrooms | $359.9K | $427.4K | +18.8% |
| 5+ Bedrooms | $472K | $397.5K | -15.8% |
Summary: 17042 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124.3%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 15.8%.
Housing Supply in 17042, PA
How many homes are available in 17042, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 173 | 164 | -5.2% |
Summary: The 17042 real estate market had 164 homes for sale in October 2024, a 5.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 39 | 31 | -20.5% |
| 3 Bedrooms | 90 | 84 | -6.7% |
| 4 Bedrooms | 38 | 39 | +2.6% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 17042 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20.5%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 42 | -19.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17042, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 42 homes were sold or pending in 17042 in October 2024, down by 19.2% month-over-month. Of the 42 sold homes, 19% were sold under asking, 43% were sold at asking, and 38% were sold over asking.
Days on Market for 17042, PA
How long does it take to sell a home in 17042, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 22 Days | +100.0% |
Summary: Homes in 17042 had an average of 22 days on market in Oct 2024, up by 100% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17042 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in 17042; 76% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
